Dividend Information About Nuveen Variable Rate: Everything You Need to Know Before Its Ex-Dividend Date Oct 15, 2025

Nuveen Variable Rate Preferred & Income Fund (NPFD) recently announced a cash dividend of $0.1675 per share, with the ex-dividend date set for Oct 15, 2025. The dividend was declared on Oct 1, 2025, and will be paid to shareholders on Nov 3, 2025. This upcoming payout represents a significant increase compared to the average of the last 10 dividends, which stood at $0.1315 per share. Investors should note that this marks a new high for the company’s recent dividend trend, highlighting improved distribution strength. The most recent dividend of $0.1675 per share was also a cash dividend, aligning with the company’s consistent approach to shareholder returns.

Over the past week, NPFD has remained in the spotlight due to several notable developments that could impact its market performance and investor sentiment. Recently, the fund’s share price has shown slight volatility, closing at $19.76 on Oct 7, 2025, a decrease of 0.10% from the previous day’s official closing price. This comes amid broader market uncertainty in the closed-end fund sector, where NPFD is currently trading at a discount of 2.3% to its net asset value. Analysts indicated that this discount reflects investor caution, possibly due to concerns over market volatility and interest rate dynamics. Since the last update, NPFD has maintained a relatively stable dividend yield of approximately 0.1017, signaling continued confidence in its income-generating strategy.

As of late, industry analysts have also highlighted the broader trend of rising interest rates and its impact on preferred securities, a key component of NPFD’s portfolio. Over the past week, there has been increased scrutiny on how rising borrowing costs affect the fund’s yield potential and overall asset valuation. Additionally, recent benchmark analyses have shown that NPFD’s performance is being closely compared to peers in the multi-asset income fund category, with some observers noting its competitive positioning in terms of yield and risk-adjusted returns. These discussions have contributed to a nuanced view of NPFD’s fundamentals, particularly as it relates to its ability to sustain its recent dividend growth.

In conclusion, Nuveen Variable Rate Preferred & Income Fund has demonstrated a strong commitment to its dividend policy, with the upcoming payout of $0.1675 per share reflecting an upward trend in shareholder returns. Investors should be aware that the ex-dividend date is Oct 15, 2025, meaning any purchase of shares after this date will not qualify for the current dividend. This date marks the final opportunity for investors to secure the upcoming payout, underscoring the importance of timing in the current market environment.