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Nuveen California Dividend Advantage Municipal Fund Stock Dividends Overview

NAC pays dividends monthly. Last paid amount was $0.0490 at May 01, 2024. As of today, dividend yield (TTM) is 4.69%.

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) 4.69%
Frequency Monthly
1Y Growth 36.11%
Payout Ratio 0
Amount Per Share $0.0490
Next Ex-Dividend Date May 14, 2024
Next Payment Date Jun 03, 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
241 Oct 01, 2004 Oct 13, 2004 Nov 01, 2004 $0.0820 0.530%
242 Sep 01, 2004 Sep 13, 2004 Oct 01, 2004 $0.0820 0.554%
243 Aug 02, 2004 Aug 11, 2004 Sep 01, 2004 $0.0820 0.544%
244 Jul 02, 2004 Jul 13, 2004 Aug 02, 2004 $0.0820 0.567%
245 Jun 01, 2004 Jun 14, 2004 Jul 01, 2004 $0.0820 0.582%
246 May 03, 2004 May 12, 2004 Jun 01, 2004 $0.0820 0.581%
247 Apr 02, 2004 Apr 13, 2004 May 03, 2004 $0.0820 0.586%
248 Mar 02, 2004 Mar 11, 2004 Apr 01, 2004 $0.0820 0.529%
249 Feb 03, 2004 Feb 11, 2004 Mar 01, 2004 $0.0820 0.537%
250 Jan 02, 2004 Jan 13, 2004 Feb 02, 2004 $0.0820 0.537%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (67.47%)

Growth potential

Decrease likely (32.18%)

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 4.69%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.82%). 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 (10.93%), 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 May 01, 2024. The upcoming dividend Ex Date is May 14, 2024, with an amount of $0.0490.

How much does NAC pays per share?
The last recorder (Apr 12, 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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