SmarterDividends
JFR

Nuveen Floating Rate Income Fund (JFR) Dividend

Nuveen Floating Rate Income Fund · Financial Services · Asset Management · monthly payer

$7.33

Undervalued · +75% Add to Portfolio

As of Nov 8, 2026, Nuveen Floating Rate Income Fund (JFR) pays a monthly dividend of $0.0780 per share, or $0.94 a year, a 12.77% yield at its $7.33 share price. It pays every month. It has a dividend safety grade of D.

Forward Yield

12.77%

Annual Dividend

$0.94

Payout Ratio

201%

5-Yr Growth

10.1%

Ex-Date

Oct 15, 2026

Frequency

Monthly

Key facts about JFR's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Nuveen Floating Rate Income Fund (JFR) has a forward dividend yield of 12.77%, based on an annual dividend of $0.94 per share and a share price of $7.33.
  • As of Nov 8, 2026, JFR's dividend safety grade from SmarterDividends is D (48 out of 100), which rates the dividend as unsafe.
  • JFR last cut its regular dividend in 2020.
  • JFR's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.0780 per share.
  • As of Nov 8, 2026, JFR pays out 201% of its trailing 12-month earnings as dividends (its payout ratio).
  • JFR's dividend has grown at an average rate of 10.1% a year over the past five years.
  • As of Nov 8, 2026, JFR's 12.77% yield is 25% above its five-year average yield of 10.23%.
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for JFR is $12.80 per share, 75% above the $7.33 share price, so JFR screens as undervalued.
  • Nuveen Floating Rate Income Fund (JFR) pays its dividend monthly, 12 times a year.
  • Nuveen Floating Rate Income Fund (JFR) has raised its regular dividend 30 times and cut it 16 times across the 269 payments on record since 2004. Its most recent change was a 8.2% cut to $0.0780 per share, going ex-dividend on Mar 13, 2026.
Cite this page

SmarterDividends, "JFR Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/JFR

Is JFR a good dividend stock?

Mixed

Nuveen Floating Rate Income Fund (JFR) pays a monthly dividend yielding 12.77% ($0.94/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 10.1% 5-yr dividend growth

Risks

  • Cut its dividend in 2020
  • Elevated payout ratio (201%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years
  • Below-average dividend safety score

Key Data

Dividend Yield
12.77%
Payout Ratio
201%
Annual Dividend
$0.94
5-Yr Avg Growth
10.1%
Ex-Dividend Date
Oct 15, 2026
Years of Growth
0
Frequency
monthly
Beta
0.40
Market Cap
—
P/E Ratio
15.0
5-Yr Total Return
-29%
52-Week Range
$7.09 – $8.00
Dividend Safety
D · 48/100
Ever Cut?
Yes (2020)

JFR dividend raises and cuts

Nuveen Floating Rate Income Fund (JFR) has raised its regular dividend 30 times and cut it 16 times across the 269 payments on record since 2004. Its most recent change was a 8.2% cut to $0.0780 per share, going ex-dividend on Mar 13, 2026.

Ex-dateChangeOld → newMove
Mar 13, 2026Cut$0.0850 → $0.0780−8.2%
Aug 14, 2023Raise$0.0750 → $0.0850+13.3%
Nov 14, 2022Raise$0.0660 → $0.0750+13.6%
Jul 14, 2022Raise$0.0580 → $0.0660+13.8%
Mar 12, 2021Raise$0.0490 → $0.0580+18.4%
Oct 14, 2020Raise$0.0460 → $0.0490+6.5%
Jun 12, 2020Cut$0.0570 → $0.0460−19.3%
Apr 14, 2020Cut$0.0620 → $0.0570−8.1%
Feb 14, 2019Raise$0.0600 → $0.0620+3.3%
Sep 13, 2018Raise$0.0580 → $0.0600+3.4%
Jun 14, 2018Cut$0.0620 → $0.0580−6.5%
Mar 14, 2018Cut$0.0680 → $0.0620−8.8%
Show all 46 changes since 2004
Ex-dateChangeOld → newMove
Dec 13, 2016Raise$0.0640 → $0.0680+6.3%
Sep 13, 2016Raise$0.0620 → $0.0640+3.2%
Jun 13, 2016Raise$0.0600 → $0.0620+3.3%
Jun 11, 2014Cut$0.0620 → $0.0600−3.2%
Dec 11, 2013Cut$0.0670 → $0.0620−7.5%
Sep 11, 2013Cut$0.0700 → $0.0670−4.3%
Jun 12, 2013Cut$0.0760 → $0.0700−7.9%
Jan 11, 2013Raise$0.0740 → $0.0760+2.7%
Dec 26, 2012Cut$0.0760 → $0.0740−2.6%
Sep 12, 2012Raise$0.0740 → $0.0760+2.7%
Jun 13, 2012Raise$0.0690 → $0.0740+7.2%
Jan 11, 2012Raise$0.0640 → $0.0690+7.8%
Sep 13, 2011Raise$0.0620 → $0.0640+3.2%
Jun 13, 2011Raise$0.0600 → $0.0620+3.3%
Mar 11, 2011Raise$0.0570 → $0.0600+5.3%
Dec 13, 2010Raise$0.0540 → $0.0570+5.6%
Sep 13, 2010Raise$0.0510 → $0.0540+5.9%
Dec 11, 2009Raise$0.0450 → $0.0510+13.3%
Sep 11, 2009Raise$0.0410 → $0.0450+9.8%
Mar 11, 2009Cut$0.0590 → $0.0410−30.5%
Oct 10, 2008Cut$0.0650 → $0.0590−9.2%
Sep 11, 2008Cut$0.0750 → $0.0650−13.3%
Jun 11, 2008Cut$0.0800 → $0.0750−6.3%
Mar 12, 2008Cut$0.0970 → $0.0800−17.5%
Dec 12, 2007Cut$0.101 → $0.0970−4.0%
Mar 13, 2007Raise$0.0980 → $0.101+3.1%
Dec 13, 2006Raise$0.0950 → $0.0980+3.2%
Sep 13, 2006Raise$0.0900 → $0.0950+5.6%
Jun 13, 2006Raise$0.0850 → $0.0900+5.9%
Mar 13, 2006Raise$0.0820 → $0.0850+3.7%
Dec 13, 2005Raise$0.0790 → $0.0820+3.8%
Sep 13, 2005Raise$0.0760 → $0.0790+3.9%
Mar 11, 2005Raise$0.0700 → $0.0760+8.6%
Dec 13, 2004Raise$0.0680 → $0.0700+2.9%
Every JFR payment →Download every raise and cut (CSV)
JFR ex-dividend date & scheduleNext ex-date Oct 15, 2026 · full ex-dividend historyView →JFR dividend historyEvery payment, totals by year, raises and cutsView →JFR dividend calculator100 shares pay $94.00 a year, $7.83 each monthCalculate →JFR total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is JFR a good dividend stock?

Mixed. Nuveen Floating Rate Income Fund (JFR) pays a monthly dividend yielding 12.77% ($0.94/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is JFR undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, JFR's fair value is about $12.80 versus a $7.33 share price — so it looks undervalued (+75% vs. fair value).

Is JFR's dividend safe?

JFR has a dividend-safety grade of D (48/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2020, debt and yield-versus-history.

What is JFR's fair value?

Our blended fair-value estimate for JFR is about $12.80 per share, roughly 75% above the current $7.33 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is JFR a buy, hold, or sell?

We don't issue formal ratings, but on the data JFR screens as "mixed" and undervalued. Nuveen Floating Rate Income Fund (JFR) pays a monthly dividend yielding 12.77% ($0.94/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will JFR cut its dividend?

JFR earns a dividend-safety grade of D (48/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does JFR pay a dividend?

Yes. Nuveen Floating Rate Income Fund pays a monthly dividend of about $0.94 per share annually, a forward yield of roughly 12.77%.

How much dividend does 100 shares of JFR pay?

At $0.94 per share a year, 100 shares of JFR pay $94.00 a year in dividends before tax, about $7.83 each month. Buying them costs about $733 at the Nov 8, 2026 price.

What is JFR's dividend yield?

As of Nov 8, 2026, JFR's forward dividend yield is 12.77%, based on a $0.94 annual dividend and a $7.33 share price.

What is JFR's dividend per share?

As of Nov 8, 2026, JFR pays $0.94 per share per year, distributed on a monthly basis.

What is JFR's dividend payout ratio?

As of Nov 8, 2026, JFR's payout ratio is 201% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has JFR grown its dividend?

JFR does not currently have a long dividend-growth streak on record.

When is the next JFR ex-dividend date?

As of Nov 8, 2026, JFR's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.0780 per share.

Income Calculator

At $0.94 / yr per share

Per payment (monthly)$7.83
Annual$94.00
Monthly avg$7.83
Full JFR dividend calculator →

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