Is Nuveen High Income 2023 stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Nuveen High Income 2023 pays dividends. Last time was Wednesday 1st of November 2023 where the investors holding the stock on Thursday 12th of October 2023 were paid $0.0185 per share. Over the last 57 times between 2019 and 2023, Nuveen High Income 2023 has paid $2.074 with an average of $0.04 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Nuveen High Income 2023 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was $10.48, you would have made a loss of $-0.780 per share or -7.44%
No, the average daily trading liquidity for Nuveen High Income 2023 is $12 600 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Nuveen High Income 2023 has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.13, the company's ability to pay off the debt is normal. Nuveen High Income 2023 has a very good net profit margin of 107.73% and should have very high tolerances against inflation.
We have calculated the inflation risk for Nuveen High Income 2023 to be low [0.3 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.