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Nuveen New Jersey Dividend Advantage Municipal Fund Stock Dividends Overview

NXJ pays dividends monthly. Last paid amount was $0.0465 at May 01, 2024. As of today, dividend yield (TTM) is 3.76%.

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) 3.76%
Frequency Monthly
1Y Growth 50.00%
Payout Ratio 0
Amount Per Share $0.0465
Next Ex-Dividend Date May 14, 2024
Next Payment Date Jun 03, 2024

NXJ Dividend Payout History

To ensure a understanding of NXJ'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
231 May 03, 2005 May 11, 2005 Jun 01, 2005 $0.0760 0.498%
232 Apr 01, 2005 Apr 13, 2005 May 02, 2005 $0.0760 0.519%
233 Mar 01, 2005 Mar 11, 2005 Apr 01, 2005 $0.0760 0.537%
234 Feb 01, 2005 Feb 11, 2005 Mar 01, 2005 $0.0790 0.519%
235 Jan 04, 2005 Jan 12, 2005 Feb 01, 2005 $0.0790 0.497%
236 Dec 02, 2004 Dec 13, 2004 Dec 30, 2004 $0.0790 0.517%
237 Nov 02, 2004 Nov 10, 2004 Dec 01, 2004 $0.0790 0.534%
238 Oct 01, 2004 Oct 13, 2004 Nov 01, 2004 $0.0790 0.520%
239 Sep 01, 2004 Sep 13, 2004 Oct 01, 2004 $0.0790 0.529%
240 Aug 02, 2004 Aug 11, 2004 Sep 01, 2004 $0.0790 0.531%

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 (55.78%)

Growth potential

Decrease likely (58.58%)

NXJ Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from NXJ 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 NXJ stock here.

Comparing NXJ to Sector and Country

NXJ pays a solid dividend yield of 3.76%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.76%). NXJ’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.09%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of NXJ's dividend payments?
The amount of NXJ'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 NXJ sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from NXJ stock be automatically reinvested?
If NXJ 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 NXJ stock.

How often does NXJ pay dividend?
Nuveen New Jersey Dividend Advantage Municipal Fund (NXJ) 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 $0.0465.

How much does NXJ pays per share?
The last recorder (Apr 12, 2024) dividend per share was $0.0465.

What is NXJ dividend growth rate?
Over the last year, Nuveen New Jersey Dividend Advantage Municipal Fund has witnessed growth rate of 50.00% . Looking back over the past 3 years, this growth rate has been -7.63%. Furthermore, examining the past 5 years, Nuveen New Jersey Dividend Advantage Municipal Fund has maintained an average Dividends Per Share Growth Rate of -3.30%.
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About Nuveen New Jersey Dividend Advantage Municipal Fund

Nuveen New Jersey 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 New Jersey. The fund invests in undervalued municipal securities and other related investments that are, exempt from regular federal and New Jersey income taxes that are rated Baa or BBB or bette... NXJ Profile

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