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Nuveen California Dividend Advantage Municipal Fund Stock Dividends Overview

NAC pays dividends monthly. Last paid amount was $0.0490 at Apr 01, 2024. As of today, dividend yield (TTM) is 4.59%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.59%
Frequency Monthly
1Y Growth 36.11%
Payout Ratio 0
Amount Per Share $0.0490
Next Ex-Dividend Date Apr 12, 2024
Next Payment Date May 01, 2024

NAC Dividend Payout History

To ensure a understanding of NAC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 01, 2024 Apr 12, 2024 May 01, 2024 $0.0490 0.457%
2 Mar 14, 2024 Mar 14, 2024 Apr 01, 2024 $0.0490 0.445%
3 Feb 01, 2024 Feb 14, 2024 Mar 01, 2024 $0.0435 0.394%
4 Jan 02, 2024 Jan 11, 2024 Feb 01, 2024 $0.0435 0.392%
5 Dec 01, 2023 Dec 14, 2023 Dec 29, 2023 $0.0435 0.392%
6 Oct 23, 2023 Nov 14, 2023 Dec 01, 2023 $0.0440 0.411%
7 Oct 02, 2023 Oct 12, 2023 Nov 01, 2023 $0.0360 0.379%
8 Sep 01, 2023 Sep 14, 2023 Oct 02, 2023 $0.0360 0.375%
9 Aug 01, 2023 Aug 14, 2023 Sep 01, 2023 $0.0360 0.346%
10 Jul 03, 2023 Jul 13, 2023 Aug 01, 2023 $0.0360 0.331%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (50.00%)

Growth potential

No dividend expected

NAC Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from NAC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NAC stock here.

Comparing NAC to Sector and Country

NAC pays a solid dividend yield of 4.59%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.89%). NAC’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of NAC's dividend payments?
The amount of NAC's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in NAC sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from NAC stock be automatically reinvested?
If NAC offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy NAC stock.

How often does NAC pay dividend?
Nuveen California Dividend Advantage Municipal Fund (NAC) pays dividends monthly. The most recent payout was on Apr 01, 2024. The upcoming dividend Ex Date is Apr 12, 2024, with an amount of $0.0490.

How much does NAC pays per share?
The last recorder (Mar 14, 2024) dividend per share was $0.0490.

What is NAC dividend growth rate?
Over the last year, Nuveen California Dividend Advantage Municipal Fund has witnessed growth rate of 36.11% . Looking back over the past 3 years, this growth rate has been -3.78%. Furthermore, examining the past 5 years, Nuveen California Dividend Advantage Municipal Fund has maintained an average Dividends Per Share Growth Rate of -2.64%.
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About Nuveen California Dividend Advantage Municipal Fund

Nuveen California Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes. It primarily invest... NAC Profile

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