
Nuveen Preferred & Income Opportunities Fund
JPCFinancial Services · Asset Management · Stock · monthly payer
Forward Yield
10.95%
Annual Dividend
$0.77
Payout Ratio
155%
5-Yr Growth
3.9%
Ex-Date
Oct 15, 2026
Frequency
Monthly
Key facts about JPC's dividend
Data as of · Source: SmarterDividends data
- As of Oct 14, 2026, Nuveen Preferred & Income Opportunities Fund (JPC) has a forward dividend yield of 10.95%, based on an annual dividend of $0.77 per share and a share price of $6.85.
- As of Oct 14, 2026, JPC's dividend safety grade from SmarterDividends is D (47 out of 100), which rates the dividend as unsafe.
- By SmarterDividends' count, Nuveen Preferred & Income Opportunities Fund (JPC) has raised its dividend for 2 consecutive years as of Oct 14, 2026.
- JPC last cut its regular dividend in 2023.
- JPC'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 14, 2026, JPC pays out 155% of its trailing 12-month earnings as dividends (its payout ratio).
- JPC's dividend has grown at an average rate of 3.9% a year over the past five years.
- As of Oct 14, 2026, JPC's 10.95% yield is 30% above its five-year average yield of 8.40%.
- As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for JPC is $12.41 per share, 81% above the $6.85 share price, so JPC screens as undervalued.
- Nuveen Preferred & Income Opportunities Fund (JPC) pays its dividend monthly, 12 times a year.
Cite this page
SmarterDividends, "JPC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/JPC
Summary
As of Oct 14, 2026, Nuveen Preferred & Income Opportunities Fund (JPC) yields 10.95% ($0.77 a year per share), has a dividend safety grade of D (47/100) and has 2 consecutive years of dividend increases on record.
Is JPC a good dividend stock?
MixedNuveen Preferred & Income Opportunities Fund (JPC) pays a monthly dividend yielding 10.95% ($0.77/yr), with 2 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
Risks
- Cut its dividend in 2023
- Elevated payout ratio (155%)
- 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
- 10.95%
- Payout Ratio
- 155%
- Annual Dividend
- $0.77
- 5-Yr Avg Growth
- 3.9%
- Ex-Dividend Date
- Oct 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.72
- Market Cap
- $2.6B
- P/E Ratio
- 14.0
- 5-Yr Total Return
- -32%
- 52-Week Range
- $6.55 – $8.30
- Dividend Safety
- D · 47/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Is JPC a good dividend stock?
Mixed. Nuveen Preferred & Income Opportunities Fund (JPC) pays a monthly dividend yielding 10.95% ($0.77/yr), with 2 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 JPC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, JPC's fair value is about $12.41 versus a $6.85 share price — so it looks undervalued (+81% vs. fair value).
Is JPC's dividend safe?
JPC has a dividend-safety grade of D (47/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.
What is JPC's fair value?
Our blended fair-value estimate for JPC is about $12.41 per share, roughly 81% above the current $6.85 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is JPC a buy, hold, or sell?
We don't issue formal ratings, but on the data JPC screens as "mixed" and undervalued. Nuveen Preferred & Income Opportunities Fund (JPC) pays a monthly dividend yielding 10.95% ($0.77/yr), with 2 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 JPC cut its dividend?
JPC earns a dividend-safety grade of D (47/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does JPC pay a dividend?
Yes. Nuveen Preferred & Income Opportunities Fund pays a monthly dividend of about $0.77 per share annually, a forward yield of roughly 10.95%.
What is JPC's dividend yield?
As of Oct 14, 2026, JPC's forward dividend yield is 10.95%, based on a $0.77 annual dividend and a $6.85 share price.
What is JPC's dividend per share?
As of Oct 14, 2026, JPC pays $0.77 per share per year, distributed on a monthly basis.
What is JPC's dividend payout ratio?
As of Oct 14, 2026, JPC's payout ratio is 155% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has JPC grown its dividend?
As of Oct 14, 2026, JPC has increased its dividend for 2 consecutive years.
When is the next JPC ex-dividend date?
As of Oct 14, 2026, the next ex-dividend date on record for JPC is Oct 15, 2026.
JPC Price — Last 12 Months
Daily close
Price Return
1 Year
-17%
3 Years
+11%
5 Years
-32%
52-Week Range
$6.55 – $8.30
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is JPC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Nuveen Preferred & Income Opportunities Fund is $12.41 per share, versus a market price of $6.85. That implies 81% of upside — a margin of safety of about 45%.
Fair Value
$12.41
Current Price
$6.85
Upside
+81%
Margin of Safety
45%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 4.8% growth for five years fading to 2.5% over the next five, $0.49 EPS, $0.75 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
JPC 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 JPC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | Oct 1, 2026 | $0.0630 | regular |
| Aug 14, 2026 | Sep 1, 2026 | $0.0630 | regular |
| Jul 15, 2026 | Aug 3, 2026 | $0.0630 | regular |
| Jun 15, 2026 | Jul 1, 2026 | $0.0630 | regular |
| May 15, 2026 | Jun 1, 2026 | $0.0630 | regular |
| Apr 15, 2026 | May 1, 2026 | $0.0630 | regular |
| Mar 13, 2026 | Apr 1, 2026 | $0.0630 | regular |
| Feb 13, 2026 | Mar 2, 2026 | $0.0630 | regular |
| Jan 15, 2026 | Feb 2, 2026 | $0.0630 | regular |
| Dec 15, 2025 | Dec 31, 2025 | $0.0630 | regular |
| Nov 14, 2025 | Dec 1, 2025 | $0.0670 | regular |
| Oct 15, 2025 | Nov 3, 2025 | $0.0670 | regular |
| Sep 15, 2025 | Oct 1, 2025 | $0.0670 | regular |
| Aug 15, 2025 | Sep 2, 2025 | $0.0670 | regular |
Income Calculator
At $0.77 / yr per share
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