Nuveen S&P 500 Dynamic Overwrite Fund
SPXXFinancial Services · Stock · quarterly payer
$18.43
Add to PortfolioForward Yield
9.15%
Annual Dividend
$1.69
Payout Ratio
61%
5-Yr Growth
6.6%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
SPXX Dividend Safety Score
65/ 100
Grade C
Borderline
Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage61% of earnings paid out
Balance-sheet strengthDebt/equity of 0.21
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 SPXX a good dividend stock?
Yes, with caveatsNuveen S&P 500 Dynamic Overwrite Fund (SPXX) pays a quarterly dividend yielding 9.15% ($1.69/yr), with 5 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Strong 6.6% 5-yr dividend growth
Risks
- Cut its dividend in 2020
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 9.15%
- Payout Ratio
- 61%
- Annual Dividend
- $1.69
- 5-Yr Avg Growth
- 6.6%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.81
- Market Cap
- $331.3M
- P/E Ratio
- 8.3
- 5-Yr Total Return
- 1%
- 52-Week Range
- $15.78 – $18.53
- Dividend Safety
- C · 65/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 13, 2026 | — | $0.3380 | regular |
| Dec 15, 2025 | — | $0.3380 | regular |
| Sep 15, 2025 | — | $0.3380 | regular |
| Jun 13, 2025 | — | $0.3380 | regular |
| Mar 14, 2025 | — | $0.3380 | regular |
| Dec 13, 2024 | — | $0.3380 | regular |
| Sep 13, 2024 | — | $0.2940 | regular |
| Jun 14, 2024 | — | $0.2940 | regular |
| Mar 14, 2024 | — | $0.2940 | regular |
| Dec 14, 2023 | — | $0.2940 | regular |
| Sep 14, 2023 | — | $0.2940 | regular |
| Jun 14, 2023 | — | $0.2940 | regular |
| Mar 14, 2023 | — | $0.2940 | regular |
| Dec 14, 2022 | — | $0.2940 | regular |
Income Calculator
At $1.69 / yr per share
Per payment (quarterly)$42.25
Annual$169.00
Monthly avg$14.08
