Central Securities (Central Securities) Dividend Payout Ratio : 0.41 (As of Dec. 2023)

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What is Central Securities Dividend Payout Ratio?

Central Securities's dividend payout ratio for the months ended in Dec. 2023 was 0.41.

The historical rank and industry rank for Central Securities's Dividend Payout Ratio or its related term are showing as below:

CET' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.23 Max: 1.52
Current: 0.23

During the past 13 years, the highest Dividend Payout Ratio of Central Securities was 1.52. The lowest was 0.14. And the median was 0.23.

CET's Dividend Payout Ratio is ranked better than
87.22% of 939 companies
in the Asset Management industry
Industry Median: 0.82 vs CET: 0.23

As of today (2024-04-26), the Dividend Yield % of Central Securities is 4.54%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Central Securities was 17.53%. The lowest was 1.66%. And the median was 4.76%.

Central Securities's Dividends per Share for the months ended in Dec. 2023 was $1.65.

During the past 12 months, Central Securities's average Dividends Per Share Growth Rate was -24.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Central Securities was 88.50% per year. The lowest was -35.80% per year. And the median was 19.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Central Securities Dividend Payout Ratio Historical Data

The historical data trend for Central Securities's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Central Securities Dividend Payout Ratio Chart

Central Securities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.14

0.59

0.28

0.23

Central Securities Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.42	-	0.95	0.05	0.41

Competitive Comparison of Central Securities's Dividend Payout Ratio

For the Asset Management subindustry, Central Securities's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Central Securities's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Central Securities's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Central Securities's Dividend Payout Ratio falls into.

Central Securities Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Central Securities's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.85	/	8.01
	=	0.23

Central Securities's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	1.65	/	4.035
	=	0.41

Central Securities (AMEX:CET) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Central Securities Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Central Securities's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Central Securities (Central Securities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Central Securities Corp (AMEX:CET) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

630 Fifth Avenue, Suite 820, New York, NY, USA, 10111

Website

http://www.centralsecurities.com

Central Securities Corp is a non-diversified closed-end management investment company. Its investment objective is long-term growth of capital. The company invests primarily in common stocks, bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks, and corporations.

Executives

John C Hill	officer: Vice President	C/O CENTRAL SECURITIES CORP, 630 FIFTH AVE, NEW YORK NY 10111
Andrew J O'neill	officer: Vice President	C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE SUITE 820, NEW YORK NY 10111
David Martin Poppe	director	C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Leo Price Blackford	director	C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
David Charles Colander	director	C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Marlene A Krumholz	officer: Vice President & Secretary	C/O CENTRAL SECURITIES CORP, 630 FIFTH AVE, NEW YORK NY 10111
Simms C Browning	director	C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Donald G Calder	director	C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AENUE, SUITE 820, NEW YORK NY 10111
Kidd Wilmot H Iv	director	C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Jay R Inglis	director	C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Walker C Carter Jr	director	C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Lawrence P Vogel	officer: Vice President & Treasurer	C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE SUITE 820, NEW YORK NY 10111
Charles N Edgerton	officer: Vice President & Treasurer	C/O CENTRAL SECURITIES CORP, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
William E Sheeline	officer: Vice President	CENTRAL SECURITIES CORP., 630 FIFTH AVE. SUITE 820, NEW YORK NY 10111
Johnson Christian A Endeavor Foundation	10 percent owner	1060 PARK AVE, NEW YORK NY 10028