Nuveen Variable Rate Preferred & Income Fund is a US-based company operating in industry. The company is headquartered in Chicago, Illinois. The company went IPO on 2021-12-16. Nuveen Variable Rate Preferred & Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of current income and total return. The Fund invests at least 80% of its Assets in variable rate preferred securities and other variable rate income producing securities. The Fund invests at least 50% of its Managed Assets in securities that are rated investment grade or are unrated but judged to be of comparable quality by the Fund’s sub-adviser. The Fund may invest up to 20% of its Managed Assets in contingent capital securities or contingent convertible securities. The Fund may invest up to 15% of its Managed Assets in companies located in emerging market countries. The Fund will invest more than 25% of its Managed Assets in the securities of companies principally engaged in the financial services sector. The investment adviser of the Fund is Nuveen Fund Advisors, LLC.
Nuveen Variable Rate Preferred & Income Fund Dividend Information
Nuveen Variable Rate Preferred & Income Fund has an annual dividend of 2.0417 per share, with a yield of 10.2777%. The dividend is paid monthly and the last ex-dividend date was Mar 13, 2026.
Dividend Yield
Annual Dividend
Ex-Dividend Date
10.2777%
$2.0417
Mar 13, 2026
Payout Frequency
Payout Ratio
Monthly
104.26%
Dividend History
Ex-Dividend Date
Cash Amount
Record Date
Pay Date
Mar 13, 2026
$0.1565
Mar 13, 2026
Apr 1, 2026
Feb 13, 2026
$0.1565
Feb 13, 2026
Mar 2, 2026
Jan 15, 2026
$0.1565
Jan 15, 2026
Feb 2, 2026
Dec 15, 2025
$0.1565
Dec 15, 2025
Dec 31, 2025
Nov 14, 2025
$0.1675
Nov 14, 2025
Dec 1, 2025
Oct 15, 2025
$0.1675
Oct 15, 2025
Nov 3, 2025
Dividend Charts
NPFD Dividends
NPFD Dividend Growth (YoY)
Follow-Up Questions
What is Nuveen Variable Rate Preferred & Income Fund's current dividend paid and annual dividend?
The current dividend paid by Nuveen Variable Rate Preferred & Income Fund is $0.1565. The annual dividend for Nuveen Variable Rate Preferred & Income Fund is $2.0417
What is Nuveen Variable Rate Preferred & Income Fund's dividend payout ratio?
The dividend payout ratio for Nuveen Variable Rate Preferred & Income Fund is 104.26%
What is the ex-dividend date for NPFD?
The ex-dividend date for Nuveen Variable Rate Preferred & Income Fund is Mar 13, 2026.
How often does Nuveen Variable Rate Preferred & Income Fund pay dividends?
Quarterly. The last time Nuveen Variable Rate Preferred & Income Fund paid dividend was on Apr 1, 2026