
Nuveen Real Asset Income and Growth Fund
JRIFinancial Services · Asset Management · Stock · monthly payer
Forward Yield
15.00%
Annual Dividend
$1.60
Payout Ratio
109%
5-Yr Growth
5.6%
Ex-Date
Oct 15, 2026
Frequency
Monthly
Key facts about JRI's dividend
Data as of · Source: SmarterDividends data
- As of Oct 23, 2026, Nuveen Real Asset Income and Growth Fund (JRI) has a forward dividend yield of 15.00%, based on an annual dividend of $1.60 per share and a share price of $10.68.
- As of Oct 23, 2026, JRI's dividend safety grade from SmarterDividends is C (50 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Nuveen Real Asset Income and Growth Fund (JRI) has raised its dividend for 2 consecutive years as of Oct 23, 2026.
- JRI last cut its regular dividend in 2023.
- JRI's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.13 per share.
- As of Oct 23, 2026, JRI pays out 109% of its trailing 12-month earnings as dividends (its payout ratio).
- JRI's dividend has grown at an average rate of 5.6% a year over the past five years.
- As of Oct 23, 2026, JRI's 15.00% yield is 52% above its five-year average yield of 9.88%.
- As of Oct 23, 2026, SmarterDividends' blended fair-value estimate for JRI is $29.92 per share, 180% above the $10.68 share price, so JRI screens as undervalued.
- Nuveen Real Asset Income and Growth Fund (JRI) pays its dividend monthly, 12 times a year.
- Nuveen Real Asset Income and Growth Fund (JRI) has raised its regular dividend 5 times and cut it 7 times across the 166 payments on record since 2012. Its most recent change was a 0.7% increase to $0.134 per share, going ex-dividend on Feb 13, 2026. The last cut went ex-dividend on Mar 14, 2023.
Cite this page
SmarterDividends, "JRI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 23, 2026, https://smarterdividends.com/stocks/JRI
Summary
As of Oct 23, 2026, Nuveen Real Asset Income and Growth Fund (JRI) yields 15.00% ($1.60 a year per share), has a dividend safety grade of C (50/100) and has 2 consecutive years of dividend increases on record.
Is JRI a good dividend stock?
MixedNuveen Real Asset Income and Growth Fund (JRI) pays a monthly dividend yielding 15.00% ($1.60/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
- Strong 5.6% 5-yr dividend growth
Risks
- Cut its dividend in 2023
- Elevated payout ratio (109%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 15.00%
- Payout Ratio
- 109%
- Annual Dividend
- $1.60
- 5-Yr Avg Growth
- 5.6%
- Ex-Dividend Date
- Oct 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- —
- Market Cap
- $386.6M
- P/E Ratio
- 7.3
- 5-Yr Total Return
- -30%
- 52-Week Range
- $10.31 – $14.07
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2023)
JRI dividend raises and cuts
Nuveen Real Asset Income and Growth Fund (JRI) has raised its regular dividend 5 times and cut it 7 times across the 166 payments on record since 2012. Its most recent change was a 0.7% increase to $0.134 per share, going ex-dividend on Feb 13, 2026. The last cut went ex-dividend on Mar 14, 2023.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 13, 2026 | Raise | $0.133 → $0.134 | +0.7% |
| Jun 14, 2024 | Raise | $0.0993 → $0.133 | +34.0% |
| Dec 14, 2023 | Raise | $0.0864 → $0.0993 | +14.9% |
| Mar 14, 2023 | Cut | $0.0963 → $0.0864 | −10.3% |
| Apr 14, 2020 | Cut | $0.116 → $0.0963 | −17.1% |
| Nov 14, 2019 | Raise | $0.105 → $0.116 | +10.4% |
| Oct 12, 2017 | Raise | $0.104 → $0.105 | +1.0% |
| May 11, 2017 | Cut | $0.109 → $0.104 | −4.5% |
| Mar 11, 2016 | Cut | $0.124 → $0.109 | −12.0% |
| Sep 11, 2015 | Cut | $0.134 → $0.124 | −7.4% |
| Oct 10, 2013 | Cut | $0.299 → $0.134 | −55.1% |
| Sep 11, 2013 | Cut | $0.364 → $0.299 | −18.0% |
Frequently Asked Questions
Is JRI a good dividend stock?
Mixed. Nuveen Real Asset Income and Growth Fund (JRI) pays a monthly dividend yielding 15.00% ($1.60/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.
Is JRI undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, JRI's fair value is about $29.92 versus a $10.68 share price — so it looks undervalued (+180% vs. fair value).
Is JRI's dividend safe?
JRI has a dividend-safety grade of C (50/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.
What is JRI's fair value?
Our blended fair-value estimate for JRI is about $29.92 per share, roughly 180% above the current $10.68 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is JRI a buy, hold, or sell?
We don't issue formal ratings, but on the data JRI screens as "mixed" and undervalued. Nuveen Real Asset Income and Growth Fund (JRI) pays a monthly dividend yielding 15.00% ($1.60/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. This is research for your own analysis, not investment advice.
Will JRI cut its dividend?
JRI earns a dividend-safety grade of C (50/100), 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 JRI pay a dividend?
Yes. Nuveen Real Asset Income and Growth Fund pays a monthly dividend of about $1.60 per share annually, a forward yield of roughly 15.00%.
What is JRI's dividend yield?
As of Oct 23, 2026, JRI's forward dividend yield is 15.00%, based on a $1.60 annual dividend and a $10.68 share price.
What is JRI's dividend per share?
As of Oct 23, 2026, JRI pays $1.60 per share per year, distributed on a monthly basis.
What is JRI's dividend payout ratio?
As of Oct 23, 2026, JRI's payout ratio is 109% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has JRI grown its dividend?
As of Oct 23, 2026, JRI has increased its dividend for 2 consecutive years.
When is the next JRI ex-dividend date?
As of Oct 23, 2026, JRI's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.13 per share.
JRI Price — Last 12 Months
Daily close
Price Return
1 Year
-23%
3 Years
-4%
5 Years
-30%
52-Week Range
$10.31 – $14.07
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is JRI worth?
Undervaluedlow confidenceOur blended fair-value estimate for Nuveen Real Asset Income and Growth Fund is $29.92 per share, versus a market price of $10.68. That implies 180% of upside — a margin of safety of about 64%.
Fair Value
$29.92
Current Price
$10.68
Upside
+180%
Margin of Safety
64%
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: 9.3% discount rate (CAPM), 6.7% growth for five years fading to 2.5% over the next five, $1.46 EPS, $1.60 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
JRI 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 JRI dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 15, 2026 | Nov 2, 2026 | $0.1340 | regular |
| Sep 15, 2026 | Oct 1, 2026 | $0.1340 | regular |
| Aug 14, 2026 | Sep 1, 2026 | $0.1340 | regular |
| Jul 15, 2026 | Aug 3, 2026 | $0.1340 | regular |
| Jun 15, 2026 | Jul 1, 2026 | $0.1340 | regular |
| May 15, 2026 | Jun 1, 2026 | $0.1340 | regular |
| Apr 15, 2026 | May 1, 2026 | $0.1340 | regular |
| Mar 2, 2026 | Apr 1, 2026 | $0.1340 | regular |
| Feb 13, 2026 | Mar 2, 2026 | $0.1340 | regular |
| Jan 15, 2026 | Feb 2, 2026 | $0.1331 | regular |
| Dec 15, 2025 | Dec 31, 2025 | $0.1331 | regular |
| Nov 14, 2025 | Dec 1, 2025 | $0.1331 | regular |
| Oct 15, 2025 | Nov 3, 2025 | $0.1331 | regular |
| Sep 15, 2025 | Oct 1, 2025 | $0.1331 | regular |
Income Calculator
At $1.60 / yr per share
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