Nuveen California Select Tax-Free Income Portfolio Dividend
Dividend criteria checks 1/6
Nuveen California Select Tax-Free Income Portfolio is a dividend paying company with a current yield of 4.25%.
Key information
4.2%
Dividend yield
263%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.20 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Nuveen California Select Tax-Free Income Portfolio declares $0.0435 dividend
Feb 07Nuveen California Select Tax-Free Income Portfolio declares $0.042 dividend
Dec 06Nuveen California Select Tax-Free Income Portfolio declares $0.042 dividend
Nov 04Nuveen California Select Tax-Free Income Portfolio raises dividend by 5%
Oct 06Nuveen California Select Tax-Free Income Portfolio declares $0.04 dividend
Aug 08Nuveen California Select Tax-Free Income Portfolio declares $0.04 dividend
Jul 06Nuveen California Select Tax-Free Income Portfolio declares $0.04 dividend
May 10Nuveen California Select Tax-Free Income Portfolio declares $0.0437 dividend
Jan 05Nuveen California Select Tax-Free Income Portfolio declares $0.0437 dividend
Dec 02Nuveen California Select Tax-Free Income Portfolio declares $0.0437 dividend
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NXC's dividend payments have been volatile in the past 10 years.
Growing Dividend: NXC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Nuveen California Select Tax-Free Income Portfolio Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NXC) | 4.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (NXC) | n/a |
Notable Dividend: NXC's dividend (4.25%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: NXC's dividend (4.25%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (263%), NXC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate NXC's cash payout ratio to determine if its dividend payments are covered by cash flows.