Herzfeld Caribbean Basin Fund (Herzfeld Caribbean Basin Fund) Dividend Payout Ratio : 0.56 (As of Dec. 2023)

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What is Herzfeld Caribbean Basin Fund Dividend Payout Ratio?

Herzfeld Caribbean Basin Fund's dividend payout ratio for the months ended in Dec. 2023 was 0.56.

The historical rank and industry rank for Herzfeld Caribbean Basin Fund's Dividend Payout Ratio or its related term are showing as below:

CUBA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.41 Max: 0.62
Current: 0.46

During the past 6 years, the highest Dividend Payout Ratio of Herzfeld Caribbean Basin Fund was 0.62. The lowest was 0.21. And the median was 0.41.

CUBA's Dividend Payout Ratio is ranked better than
74.47% of 936 companies
in the Asset Management industry
Industry Median: 0.83 vs CUBA: 0.46

As of today (2024-04-25), the Dividend Yield % of Herzfeld Caribbean Basin Fund is 18.51%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Herzfeld Caribbean Basin Fund was 29.42%. The lowest was 1.75%. And the median was 13.43%.

Herzfeld Caribbean Basin Fund's Dividends per Share for the months ended in Dec. 2023 was $0.14.

During the past 12 months, Herzfeld Caribbean Basin Fund's average Dividends Per Share Growth Rate was -45.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -11.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 41.40% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Herzfeld Caribbean Basin Fund was 73.90% per year. The lowest was -11.70% per year. And the median was 51.40% per year.

The growth rate is calculated with least square regression.

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

Herzfeld Caribbean Basin Fund Dividend Payout Ratio Historical Data

The historical data trend for Herzfeld Caribbean Basin Fund'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.

Herzfeld Caribbean Basin Fund Dividend Payout Ratio Chart

Herzfeld Caribbean Basin Fund Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.21

0.62

Herzfeld Caribbean Basin Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial								7.57	-	1.20	0.43	0.56

Competitive Comparison of Herzfeld Caribbean Basin Fund's Dividend Payout Ratio

For the Asset Management subindustry, Herzfeld Caribbean Basin Fund'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.

Herzfeld Caribbean Basin Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Herzfeld Caribbean Basin Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Herzfeld Caribbean Basin Fund's Dividend Payout Ratio falls into.

Herzfeld Caribbean Basin Fund Dividend Payout Ratio Calculation

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

Herzfeld Caribbean Basin Fund's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.695	/	1.13
	=	0.62

Herzfeld Caribbean Basin Fund'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 )
	=	0.135	/	0.24
	=	0.56

Herzfeld Caribbean Basin Fund (NAS:CUBA) 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.

Herzfeld Caribbean Basin Fund Dividend Payout Ratio Related Terms

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

Herzfeld Caribbean Basin Fund (Herzfeld Caribbean Basin Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Herzfeld Caribbean Basin Fund Inc (NAS:CUBA) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

119 Washington Avenue, Suite 504, Miami Beach, FL, USA, 33139

Website

https://www.herzfeld.com

Herzfeld Caribbean Basin Fund Inc operates as a closed-end management investment company. The company's investment objective is to obtain long-term capital appreciation. The firm offers customized discretionary account management and fund management services to individual and institutional investors. The fund invests in equity and equity-linked securities of public and private companies, including United States-based companies, whose securities are traded principally on a stock exchange in a Caribbean Basin Country. The fund's revenue source is through the dividends it receives. Its investments are geographically allocated in the United States followed by Puerto Rico, Mexico, and other countries.

Executives

Thomas J Herzfeld	director, officer: President	THE HERZFELD CARIBBEAN BASIN FUND INC, 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139
Erik Mervin Herzfeld	officer: Portfolio Manager	THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE. SUITE 504, MIAMI BEACH FL 33139
Ryan M Paylor	other: Portfolio Manager	THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Cecilia L Gondor	officer: Secretary/Treasurer	THE HERZFELD CARIBBEAN BASIN FUND INC, 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139
Phillip Goldstein	10 percent owner	60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Zachary Paul Richmond	officer: Treasurer	C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Alice Tham	officer: Secretary	C/O THOMAS J. HERZFELD ADVISORS, INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Thomas K Morgan	officer: CCO	C/O THOMAS J. HERZFELD ADVISORS, INC., 119 WASHINGTON AVE, MIAMI BEACH FL 33139
Jose Raphael Oro	other: Access Person	17 OLD ORCHARD ROAD, NORTH HAVEN CT 06473
Teofilo Abraham Babun	other: Access Person	119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139
Kay W Tatum	director	122 SEVILLA AVE, APT 1713, CORAL GABLES FL 33134
Lee Reanna J.m.	officer: Secretary/Treasurer/CCO	119 WASHINGTON AVE, STE 504, MIAMI BEACH FL 33139
John A Gelety	director	THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Ann S Lieff	director	THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Michael A Rubin	director	420 SOUTH DIXIE HIGHWAY, STE 4-B, CORAL GABLES FL 33176