Nuveen Floating Rate Income Fund
JFRFinancial Services · Asset Management · Stock · monthly payer
Forward Yield
12.79%
Annual Dividend
$0.99
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 Oct 15, 2026, Nuveen Floating Rate Income Fund (JFR) has a forward dividend yield of 12.79%, based on an annual dividend of $0.99 per share and a share price of $7.30.
- As of Oct 15, 2026, JFR's dividend safety grade from SmarterDividends is D (45 out of 100), which rates the dividend as unsafe.
- JFR last cut its regular dividend in 2020.
- JFR's next ex-dividend date is Oct 15, 2026, with payment on Nov 2, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 15, 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 Oct 15, 2026, JFR's 12.79% yield is 25% above its five-year average yield of 10.23%.
- As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for JFR is $12.80 per share, 75% above the $7.30 share price, so JFR screens as undervalued.
- Nuveen Floating Rate Income Fund (JFR) pays its dividend monthly, 12 times a year.
Cite this page
SmarterDividends, "JFR Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/JFR
Summary
As of Oct 15, 2026, Nuveen Floating Rate Income Fund (JFR) yields 12.79% ($0.99 a year per share) and has a dividend safety grade of D (45/100).
Is JFR a good dividend stock?
MixedNuveen Floating Rate Income Fund (JFR) pays a monthly dividend yielding 12.79% ($0.99/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
- 12.79%
- Payout Ratio
- 201%
- Annual Dividend
- $0.99
- 5-Yr Avg Growth
- 10.1%
- Ex-Dividend Date
- Oct 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.40
- Market Cap
- $1.2B
- P/E Ratio
- 14.9
- 5-Yr Total Return
- -28%
- 52-Week Range
- $7.16 – $8.10
- Dividend Safety
- D · 45/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
Is JFR a good dividend stock?
Mixed. Nuveen Floating Rate Income Fund (JFR) pays a monthly dividend yielding 12.79% ($0.99/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 $7.30 share price — so it looks undervalued (+75% vs. fair value).
Is JFR's dividend safe?
JFR has a dividend-safety grade of D (45/100), 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 $7.30 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 12.79% ($0.99/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 (45/100), 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 $0.99 per share annually, a forward yield of roughly 12.79%.
What is JFR's dividend yield?
As of Oct 15, 2026, JFR's forward dividend yield is 12.79%, based on a $0.99 annual dividend and a $7.30 share price.
What is JFR's dividend per share?
As of Oct 15, 2026, JFR pays $0.99 per share per year, distributed on a monthly basis.
What is JFR's dividend payout ratio?
As of Oct 15, 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 Oct 15, 2026, the next ex-dividend date on record for JFR is Oct 15, 2026.
JFR Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
-5%
5 Years
-28%
52-Week Range
$7.16 – $8.10
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is JFR worth?
Undervaluedlow confidenceOur blended fair-value estimate for Nuveen Floating Rate Income Fund is $12.80 per share, versus a market price of $7.30. That implies 75% of upside — a margin of safety of about 43%.
Fair Value
$12.80
Current Price
$7.30
Upside
+75%
Margin of Safety
43%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 11.6% growth for five years fading to 2.5% over the next five, $0.49 EPS, $0.94 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
JFR Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full JFR dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | Oct 1, 2026 | $0.0780 | regular |
| Aug 14, 2026 | Sep 1, 2026 | $0.0780 | regular |
| Jul 15, 2026 | Aug 3, 2026 | $0.0780 | regular |
| Jun 15, 2026 | Jul 1, 2026 | $0.0780 | regular |
| May 15, 2026 | Jun 1, 2026 | $0.0780 | regular |
| Apr 15, 2026 | May 1, 2026 | $0.0780 | regular |
| Mar 13, 2026 | Apr 1, 2026 | $0.0780 | regular |
| Feb 13, 2026 | Mar 2, 2026 | $0.0850 | regular |
| Jan 15, 2026 | Feb 2, 2026 | $0.0850 | regular |
| Dec 15, 2025 | Dec 31, 2025 | $0.0850 | regular |
| Nov 14, 2025 | Dec 1, 2025 | $0.0850 | regular |
| Oct 15, 2025 | Nov 3, 2025 | $0.0850 | regular |
| Sep 15, 2025 | Oct 1, 2025 | $0.0850 | regular |
| Aug 15, 2025 | Sep 2, 2025 | $0.0850 | regular |
Income Calculator
At $0.99 / yr per share
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