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Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund 3-Year RORE % : 177.10% (As of Nov. 2023)


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What is Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's 3-Year RORE % for the quarter that ended in Nov. 2023 was 177.10%.

The industry rank for Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's 3-Year RORE % or its related term are showing as below:

MFD's 3-Year RORE % is ranked better than
89.5% of 1533 companies
in the Asset Management industry
Industry Median: -1 vs MFD: 177.10

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund 3-Year RORE % Historical Data

The historical data trend for Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's 3-Year RORE % 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.

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund 3-Year RORE % Chart

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
3-Year RORE %
Get a 7-Day Free Trial - - -13.97 -49.01 177.10

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.97 -531.93 -49.01 845.24 177.10

Competitive Comparison of Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's 3-Year RORE %

For the Asset Management subindustry, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's 3-Year RORE % falls into.



Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund 3-Year RORE % Calculation

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's 3-Year RORE % for the quarter that ended in Nov. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.139-1.446 )/( 1.662-2.4 )
=-1.307/-0.738
=177.10 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Nov. 2023 and 3-year before.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund  (NYSE:MFD) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund is a diversified, closed-end management company. Its objective is to seek a high level of current return consisting of dividends, interest, and other similar income while attempting to preserve capital. The fund seeks to achieve its objective by investing in the securities of companies involved in the management, ownership, and operation of infrastructure and utilities. It also invests in senior secured loans generally considered to be high-yield securities. The company portfolio of investments consists of the investment in the common stocks, master limited partnerships, and senior floating-rate loan interests.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
William H Speacht other: Investment Advisor 2005 MARKET ST, 34TH FL, PHILADELPHIA PA 19103
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer-Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer-Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Robert F Keith director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Fink William J Jr other: Officer-Investment Sub-Advisor 125 WEST 55TH STREET, LEVEL 15, NEW YORK NY 10019
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
John H Kim other: Officer-Investment Sub-Advisor C/O ANJIE LAROCCA, DEUTSCHE BANK, 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Jonathan S Ong other: Officer-Investment Sub-Advisor 1 MARTIN PLACE, LEVEL 21, SYDNEY C3 2000
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Anthony Felton other: Officer-Investment Sub-Advisor 1 MARTIN PLACE, LEVEL 21, SYDNEY C3 2000
Andrew Maple-brown other: Officer-Investment Sub-Advisor 125 WEST 55TH STREET, LEVEL 15, NEW YORK NY 10019

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Headlines

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