Nuveen Real Asset Income and Growth Fund
JRIFinancial Services · Stock · monthly payer
Forward Yield
13.16%
Annual Dividend
$1.60
Payout Ratio
90%
5-Yr Growth
5.6%
Ex-Date
Aug 14, 2026
Frequency
Monthly
Summary
As of September 2026, Nuveen Real Asset Income and Growth Fund (JRI) yields 13.16% ($1.60 per share annually), with a blended fair-value estimate of $22.92 — +86% upside, so it screens as undervalued. Dividend safety grade: C (52/100). 2 years of dividend growth.
Is JRI a good dividend stock?
MixedNuveen Real Asset Income and Growth Fund (JRI) pays a monthly dividend yielding 13.16% ($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 (90%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 13.16%
- Payout Ratio
- 90%
- Annual Dividend
- $1.60
- 5-Yr Avg Growth
- 5.6%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- —
- Market Cap
- $331.6M
- P/E Ratio
- 6.9
- 5-Yr Total Return
- -18%
- 52-Week Range
- $11.67 – $14.27
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
JRI Price — Last 12 Months
Daily close
Price Return
1 Year
-13%
3 Years
+17%
5 Years
-18%
52-Week Range
$11.67 – $14.27
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 $22.92 per share, versus a market price of $12.35. That implies 86% of upside — a margin of safety of about 46%.
Fair Value
$22.92
Current Price
$12.35
Upside
+86%
Margin of Safety
46%
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 7.1% annual free-cash-flow growth. We model 6.7% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), 6.7% stage-1 growth, 2.5% terminal growth, $1.76 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.1340 | regular |
| Jul 15, 2026 | — | $0.1340 | regular |
| Jun 15, 2026 | — | $0.1340 | regular |
| May 15, 2026 | — | $0.1340 | regular |
| Apr 15, 2026 | — | $0.1340 | regular |
| Mar 2, 2026 | — | $0.1340 | regular |
| Feb 13, 2026 | — | $0.1340 | regular |
| Jan 15, 2026 | — | $0.1331 | regular |
| Dec 15, 2025 | — | $0.1331 | regular |
| Nov 14, 2025 | — | $0.1331 | regular |
| Oct 15, 2025 | — | $0.1331 | regular |
| Sep 15, 2025 | — | $0.1331 | regular |
| Aug 15, 2025 | — | $0.1331 | regular |
| Jul 15, 2025 | — | $0.1331 | regular |
Income Calculator
At $1.60 / yr per share
