Nuveen Credit Strategiesome Fund (Nuveen Credit Strategiesome Fund) Dividend Payout Ratio : 0.81 (As of Jan. 2024)

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What is Nuveen Credit Strategiesome Fund Dividend Payout Ratio?

Nuveen Credit Strategiesome Fund's dividend payout ratio for the months ended in Jan. 2024 was 0.81.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nuveen Credit Strategies Income Fund is 1.08, which seems too high.

The historical rank and industry rank for Nuveen Credit Strategiesome Fund's Dividend Payout Ratio or its related term are showing as below:

JQC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.9 Med: 1.62 Max: 3.16
Current: 1.08

During the past 7 years, the highest Dividend Payout Ratio of Nuveen Credit Strategiesome Fund was 3.16. The lowest was 0.90. And the median was 1.62.

JQC's Dividend Payout Ratio is ranked worse than
67.44% of 949 companies
in the Asset Management industry
Industry Median: 0.81 vs JQC: 1.08

As of today (2024-05-11), the Dividend Yield % of Nuveen Credit Strategiesome Fund is 10.95%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Nuveen Credit Strategiesome Fund was 19.43%. The lowest was 6.46%. And the median was 10.92%.

Nuveen Credit Strategiesome Fund's Dividends per Share for the months ended in Jan. 2024 was $0.32.

During the past 12 months, Nuveen Credit Strategiesome Fund's average Dividends Per Share Growth Rate was 18.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -20.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.30% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen Credit Strategiesome Fund was 21.00% per year. The lowest was -20.40% per year. And the median was -1.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Nuveen Credit Strategiesome Fund Dividend Payout Ratio Historical Data

The historical data trend for Nuveen Credit Strategiesome Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nuveen Credit Strategiesome Fund Dividend Payout Ratio Chart

Nuveen Credit Strategiesome Fund Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Dividend Payout Ratio

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3.16

0.93

2.00

Nuveen Credit Strategiesome Fund Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Dividend Payout Ratio	Get a 7-Day Free Trial									1.47	-	2.49	1.73	0.81

Competitive Comparison of Nuveen Credit Strategiesome Fund's Dividend Payout Ratio

For the Asset Management subindustry, Nuveen Credit Strategiesome Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nuveen Credit Strategiesome Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Credit Strategiesome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen Credit Strategiesome Fund's Dividend Payout Ratio falls into.

Nuveen Credit Strategiesome Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Nuveen Credit Strategiesome Fund's Dividend Payout Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jul. 2023 )	/	EPS without NRI (A: Jul. 2023 )
	=	0.559	/	0.28
	=	2.00

Nuveen Credit Strategiesome Fund's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0.324	/	0.4
	=	0.81

Nuveen Credit Strategiesome Fund (NYSE:JQC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Nuveen Credit Strategiesome Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Nuveen Credit Strategiesome Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuveen Credit Strategiesome Fund (Nuveen Credit Strategiesome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Credit Strategies Income Fund (NYSE:JQC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 West Wacker Drive, Chicago, IL, USA, 60606

Website

https://www.nuveen.com

Nuveen Credit Strategies Income Fund is a diversified closed-end management investment company. Its investment objective is to provide high current income and total return. The fund meets its investment objectives by investing its managed assets in senior secured and second lien loans, and its managed assets across the capital structure of companies (including equity securities) with a primary emphasis on high yield bonds, convertible securities and other forms of income-producing securities.

Executives

Nathaniel T. Jones	officer: Vice President and Treasurer	C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Scott C. Caraher	other: Portfolio Manager	C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Himani Trivedi	other: Portfolio Manager	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Trey Iii Stenersen	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black	officer: Chief Compliance Officer	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Joanne Medero	other: Trustee	333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r.	other: Trustee	333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton	other: Trustee	3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan	officer: Vice President	TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner	officer: Vice President	333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Bernard Wong	other: Portfolio Manager	C/O NUVEEN, 333 W. WACKER DRIVE STE 3400, CHICAGO IL 60606
Jacques M Longerstaey	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174

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