Nuveen Ohio Quality Municipal Income Fund

NYSE:NUO Stock Report

Mkt Cap: US$231.1m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Nuveen Ohio Quality Municipal Income Fund Dividend

Dividend criteria checks 3/6

Key information

3.4%

Dividend yield

-24%

Payout ratio

Industry average yield2.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share-US$2.42
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Stability and Growth of Payments

Fetching dividends data

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

Growing Dividend: NUO's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Nuveen Ohio Quality Municipal Income Fund Dividend Yield vs Market
How does NUO dividend yield compare to the market?
SegmentDividend Yield
Company (NUO)3.4%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.8%
Industry Average (Capital Markets)2.6%
Analyst forecast in 3 Years (NUO)n/a

Notable Dividend: NUO's dividend (3.4%) is higher than the bottom 25% of dividend payers in the US market (1.64%).

High Dividend: NUO's dividend (3.4%) is low compared to the top 25% of dividend payers in the US market (4.84%).


Earnings Payout to Shareholders

Earnings Coverage: NUO is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (64.2%), NUO's dividend payments are covered by cash flows.