Nuveen Floating Rate Income Fund
JFRFinancial Services · Stock · monthly payer
$7.62
Add to PortfolioForward Yield
12.28%
Annual Dividend
$0.94
Payout Ratio
300%
5-Yr Growth
11.6%
Ex-Date
Jun 15, 2026
Frequency
Monthly
JFR Dividend Safety Score
54/ 100
Grade C
Borderline
Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage300% of earnings paid out
Free-cash-flow coverage117% of free cash flow
Balance-sheet strengthDebt/equity of 0.38
Yield vs its historyYield in line with its history
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
Is JFR a good dividend stock?
MixedNuveen Floating Rate Income Fund (JFR) pays a monthly dividend yielding 12.28% ($0.94/yr), with 5 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 11.6% 5-yr dividend growth
Risks
- Cut its dividend in 2020
- Elevated payout ratio (300%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 12.28%
- Payout Ratio
- 300%
- Annual Dividend
- $0.94
- 5-Yr Avg Growth
- 11.6%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 5
- Frequency
- monthly
- Beta
- 0.38
- Market Cap
- $1.2B
- P/E Ratio
- 22.4
- 5-Yr Total Return
- -24%
- 52-Week Range
- $7.16 – $8.59
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0780 | regular |
| Apr 15, 2026 | — | $0.0780 | regular |
| Mar 13, 2026 | — | $0.0780 | regular |
| Feb 13, 2026 | — | $0.0850 | regular |
| Jan 15, 2026 | — | $0.0850 | regular |
| Dec 15, 2025 | — | $0.0850 | regular |
| Nov 14, 2025 | — | $0.0850 | regular |
| Oct 15, 2025 | — | $0.0850 | regular |
| Sep 15, 2025 | — | $0.0850 | regular |
| Aug 15, 2025 | — | $0.0850 | regular |
| Jul 15, 2025 | — | $0.0850 | regular |
| Jun 13, 2025 | — | $0.0850 | regular |
| May 15, 2025 | — | $0.0850 | regular |
| Apr 15, 2025 | — | $0.0850 | regular |
Income Calculator
At $0.94 / yr per share
Per payment (monthly)$7.83
Annual$94.00
Monthly avg$7.83
