Nuveen S&P 500 Dynamic Overwrite Fund Dividend
Dividend criteria checks 4/6
Nuveen S&P 500 Dynamic Overwrite Fund is a dividend paying company with a current yield of 7.68% that is well covered by earnings.
Key information
7.7%
Dividend yield
44%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$2.66 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
SPXX: S&P 500 Covered Call CEF, Strong 7.6% Yield, Good 9.2% Discount
Mar 11SPXX: Call-Overwrite Fund Trading At A Steep Discount (Upgrade To Buy)
Dec 05SPXX: 8% Yielder Likely To Outperform QQQ And SPY, But There Are Even Better Choices
Sep 20SPXX: Poor Performance From This Buy-Write Fund
May 24SPXX: A Fund That Trades Upside For Yield
Jan 31Nuveen S&P 500 Dynamic Overwrite Fund declares $0.294 dividend
Dec 06SPXX: Strong S&P 500 Covered Call CEF, 7.3% Yield, Uncompelling Entry Point
Oct 11SPXX: Have Buy-Write CEFs Actually Cushioned The Bear Mauling?
Sep 18SPXX: Take Advantage Of The High VIX Levels With This CEF
Jul 23Evaluating CEFs: SPXX Generates Good Income From The S&P 500
May 10Nuveen S&P 500 Dynamic Overwrite Fund declares $0.245 dividend
Dec 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPXX's dividend payments have been volatile in the past 10 years.
Growing Dividend: SPXX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nuveen S&P 500 Dynamic Overwrite Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPXX) | 7.7% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (SPXX) | n/a |
Notable Dividend: SPXX's dividend (7.68%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: SPXX's dividend (7.68%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.2%), SPXX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate SPXX's cash payout ratio to determine if its dividend payments are covered by cash flows.