Nuveen Preferred & Income Opportunities Fund
JPCFinancial Services · Stock · monthly payer
Forward Yield
10.96%
Annual Dividend
$0.75
Payout Ratio
87%
5-Yr Growth
3.9%
Ex-Date
Sep 15, 2026
Frequency
Monthly
Summary
As of September 2026, Nuveen Preferred & Income Opportunities Fund (JPC) yields 10.96% ($0.75 per share annually), with a blended fair-value estimate of $10.03 — +41% upside, so it screens as undervalued. Dividend safety grade: C (50/100). 2 years of dividend growth.
Is JPC a good dividend stock?
MixedNuveen Preferred & Income Opportunities Fund (JPC) pays a monthly dividend yielding 10.96% ($0.75/yr), with 2 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
Risks
- Cut its dividend in 2023
- Elevated payout ratio (87%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 10.96%
- Payout Ratio
- 87%
- Annual Dividend
- $0.75
- 5-Yr Avg Growth
- 3.9%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.70
- Market Cap
- $2.6B
- P/E Ratio
- 7.6
- 5-Yr Total Return
- -29%
- 52-Week Range
- $6.94 – $8.30
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
JPC Price — Last 12 Months
Daily close
Price Return
1 Year
-13%
3 Years
+17%
5 Years
-29%
52-Week Range
$6.94 – $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 $10.03 per share, versus a market price of $7.11. That implies 41% of upside — a margin of safety of about 29%.
Fair Value
$10.03
Current Price
$7.11
Upside
+41%
Margin of Safety
29%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 15.2% annual free-cash-flow growth. We model 4.8% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.8% discount rate (CAPM), 4.8% stage-1 growth, 2.5% terminal growth, $0.90 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
Borderline
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 | — | $0.0630 | regular |
| Aug 14, 2026 | — | $0.0630 | regular |
| Jul 15, 2026 | — | $0.0630 | regular |
| Jun 15, 2026 | — | $0.0630 | regular |
| May 15, 2026 | — | $0.0630 | regular |
| Apr 15, 2026 | — | $0.0630 | regular |
| Mar 13, 2026 | — | $0.0630 | regular |
| Feb 13, 2026 | — | $0.0630 | regular |
| Jan 15, 2026 | — | $0.0630 | regular |
| Dec 15, 2025 | — | $0.0630 | regular |
| Nov 14, 2025 | — | $0.0670 | regular |
| Oct 15, 2025 | — | $0.0670 | regular |
| Sep 15, 2025 | — | $0.0670 | regular |
| Aug 15, 2025 | — | $0.0670 | regular |
Income Calculator
At $0.75 / yr per share
Similar Dividend Stocks
Compare JPC
Explore more
Lists and tools related to JPC
- Monthly dividend stocks →
- Undervalued dividend stocks →
- Financial Services dividend stocks →
- Dividend calendar →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →