Nuveen California Dividend Advantage Stock Dividends
NAC pays dividends monthly. Last paid amount was $0.0490 at May 01, 2024. As of today, dividend yield (TTM) is 4.59%.
Dividend Yield Range
AI Analysis of NAC
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.59% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | 36.11% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0490 |
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Nuveen California Dividend Advantage Municipal Fund has not yet announced its next dividend date. Last payment date was: May 01, 2024.
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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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 291 | Jun 05, 2000 | Jun 13, 2000 | Jul 03, 2000 | $0.0670 | 0.518% |
| 292 | May 02, 2000 | May 11, 2000 | Jun 01, 2000 | $0.0700 | 0.554% |
| 293 | Apr 03, 2000 | Apr 12, 2000 | May 01, 2000 | $0.0700 | 0.549% |
| 294 | Mar 01, 2000 | Mar 13, 2000 | Apr 03, 2000 | $0.0700 | 0.514% |
| 295 | Feb 01, 2000 | Feb 11, 2000 | Mar 01, 2000 | $0.0720 | 0.567% |
| 296 | Jan 05, 2000 | Jan 12, 2000 | Feb 01, 2000 | $0.0720 | 0.565% |
| 297 | Dec 01, 1999 | Dec 13, 1999 | Dec 23, 1999 | $0.0720 | 0.606% |
| 298 | Nov 01, 1999 | Nov 10, 1999 | Dec 01, 1999 | $0.0720 | 0.576% |
| 299 | Oct 04, 1999 | Oct 13, 1999 | Nov 01, 1999 | $0.0720 | 0.519% |
| 300 | Sep 02, 1999 | Sep 13, 1999 | Oct 01, 1999 | $0.0720 | 0.495% |
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
Growth potential
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 (1.85%). 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 (11.02%), which means that there are more attractive dividend stocks to consider.
