Nuveen Dow 30 Dynamic Overwrite Fund

NYSE:DIAX Stock Report

Market Cap: US$529.5m

Nuveen Dow 30 Dynamic Overwrite Fund Dividends and Buybacks

Dividend criteria checks 5/6

Nuveen Dow 30 Dynamic Overwrite Fund is a dividend paying company with a current yield of 8.27% that is well covered by earnings.

Key information

8.3%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth4.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio69%

Recent dividend and buyback updates

Recent updates

DIAX: The Covered Call Dilemma

Nov 16

DIAX: The Basis Is Still There, Keep Avoiding This Buy-Write CEF

Mar 12

DIAX: Not A Great Volatility Reduction Play

Nov 13

The Key Selling Point Of The 8.1% Yielding DIAX

Aug 23

DIAX: DJIA Exposure With An Overwrite Strategy

Jun 01

Dow 30SM Dynamic Overwrite Fund declares $0.2867 dividend

Dec 06

Dow 30SM Dynamic Overwrite Fund goes ex-dividend tomorrow

Sep 13

DIAX: Profit From The High Dow Jones Volatility, 7.25% Yield

Jul 26

DIAX: 6.39% Yield From The Dow Jones

Sep 29

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: DIAX's dividends per share have been stable in the past 10 years.

Growing Dividend: DIAX's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Nuveen Dow 30 Dynamic Overwrite Fund Dividend Yield vs Market
How does DIAX dividend yield compare to the market?
SegmentDividend Yield
Company (DIAX)8.3%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.5%
Industry Average (Capital Markets)1.9%
Analyst forecast (DIAX) (up to 3 years)n/a

Notable Dividend: DIAX's dividend (8.27%) is higher than the bottom 25% of dividend payers in the US market (1.48%).

High Dividend: DIAX's dividend (8.27%) is in the top 25% of dividend payers in the US market (4.52%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (69.1%), DIAX's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate DIAX's cash payout ratio to determine if its dividend payments are covered by cash flows.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/06 04:12
End of Day Share Price 2025/07/03 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nuveen Dow 30 Dynamic Overwrite Fund is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.