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Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Dividend Yield % : 14.37% (As of Apr. 25, 2024)


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What is Saba Capitalome & Opportunities Fund Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Saba Capitalome & Opportunities Fund is 14.37%.

Good Sign:

Saba Capital Income & Opportunities Fund stock dividend yield is close to 10-year high.

The historical rank and industry rank for Saba Capitalome & Opportunities Fund's Dividend Yield % or its related term are showing as below:

BRW' s Dividend Yield % Range Over the Past 10 Years
Min: 3.67   Med: 6.27   Max: 14.54
Current: 14.37

During the past 6 years, the highest Dividend Yield of Saba Capitalome & Opportunities Fund was 14.54%. The lowest was 3.67%. And the median was 6.27%.

BRW's Dividend Yield % is ranked better than
96.13% of 1215 companies
in the Asset Management industry
Industry Median: 5.63 vs BRW: 14.37

Saba Capitalome & Opportunities Fund's Dividend Payout Ratio for the six months ended in Oct. 2023 was 4.65.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Saba Capital Income & Opportunities Fund is 1.44, which seems too high.

During the past 6 years, the highest Dividend Payout Ratio of Saba Capitalome & Opportunities Fund was 4.32. The lowest was 1.44. And the median was 1.80.

As of today (2024-04-25), the Forward Dividend Yield % of Saba Capitalome & Opportunities Fund is 14.32%.

Saba Capitalome & Opportunities Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.51.

During the past 12 months, Saba Capitalome & Opportunities Fund's average Dividends Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.30% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Saba Capitalome & Opportunities Fund was 19.70% per year. The lowest was -15.30% per year. And the median was 19.60% per year.

The growth rate is calculated with least square regression.

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


Saba Capitalome & Opportunities Fund Dividend Yield % Historical Data

The historical data trend for Saba Capitalome & Opportunities Fund's Dividend Yield % 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.

Saba Capitalome & Opportunities Fund Dividend Yield % Chart

Saba Capitalome & Opportunities Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Oct22 Oct23
Dividend Yield %
Get a 7-Day Free Trial 6.15 6.24 3.97 12.90 14.06

Saba Capitalome & Opportunities Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Apr22 Oct22 Apr23 Oct23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.00 9.37 12.90 12.70 14.06

Competitive Comparison of Saba Capitalome & Opportunities Fund's Dividend Yield %

For the Asset Management subindustry, Saba Capitalome & Opportunities Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Saba Capitalome & Opportunities Fund's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Saba Capitalome & Opportunities Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Saba Capitalome & Opportunities Fund's Dividend Yield % falls into.



Saba Capitalome & Opportunities Fund Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Saba Capitalome & Opportunities Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0852024-04-082024-04-092024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0852024-03-082024-03-112024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0852024-02-082024-02-092024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0852023-12-282023-12-292024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0852023-12-082023-12-112023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0852023-11-082023-11-092023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0852023-10-062023-10-102023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0852023-09-082023-09-112023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0852023-08-082023-08-092023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0852023-07-102023-07-112023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0862023-06-082023-06-092023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0882023-05-082023-05-092023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Saba Capitalome & Opportunities Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.024/7.12
=14.38 %

Current Share Price is $7.12.
Saba Capitalome & Opportunities Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.024.

Saba Capitalome & Opportunities Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.02/7.12
=14.33 %

Current Share Price is $7.12.
Saba Capitalome & Opportunities Fund's Dividends per Share for the forward twelve months is calculated as $0.085 * 12 = $1.02.

* 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.


Saba Capitalome & Opportunities Fund  (NYSE:BRW) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Saba Capitalome & Opportunities Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Saba Capitalome & Opportunities Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
405 Lexington Avenue, 58th Floor, New York, NY, USA, 10174
Saba Capital Income & Opportunities Fund t is a diversified, closed-end management investment company. It seeks to provide investors with a high level of current income, with a secondary goal of capital appreciation. It invests globally in debt and equity securities of public and private companies, which includes, investing in closed-end funds, public and private debt instruments, and other securities.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Troy M Statczar officer: Principle Financial Officer 3 CANAL PLAZA, PORTLAND ME 04101
Nitin Sapru officer: Vice President 405 LEXINGTON AVE, 58TH FLOOR, NEW YORK NY 10174
Michael D'angelo officer: Secretary 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Patrick J Keniston officer: Chief Compliance Officer FORESIDE COMPLIANCE SERVICES, LLC, THREE CANAL PLAZA, SUITE 100, PORTLAND ME 04101
Pierre Weinstein officer: Chief Executive Officer C/O SABA CAPITAL MANAGEMENT L.P., 405 LEXINGTON AVENUE, 5TH FLOOR, NEW YORK NY 10174
Christopher P Sullivan other: Former Trustee 27 LEE TERRACE, SHORT HILLS NJ 07078
Thomas Bumbolow director C/O VOYA PRIME RATE TRUST, 7337 EAST DOUBLETREE RANCH RD., STE 100, SCOTTSDALE AZ 85258
Neal Neilinger director 126 CLAPBOARD RIDGE ROAD, GREENWICH CT 06830
Charles I Clarvit director TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kieran Goodwin director 925 PARK AVENUE 11B, NEW YORK NY 10028
Ketu Desai director 999 RIVERVIEW DR, SUITE 201, TOTOWA NJ 07512
Karen Caldwell director 10125 SOUTH BELL AVENUE, CHICAGO IL 60643
Aditya Bindal director 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Andrew Kellerman director 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174

Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Headlines

From GuruFocus

BRW - $0.047 April Dividend

By Business Wire Business Wire 05-02-2022

BRW Announces $0.087 Dividend

By Business Wire Business Wire 01-03-2023

BRW Announces $0.090 Dividend

By Business Wire Business Wire 07-01-2022

BRW Announces $0.091 Dividend

By Business Wire Business Wire 09-01-2022

BRW Announces $0.086 Dividend

By Business Wire Business Wire 11-01-2022

BRW Announces $0.085 Dividend

By Business Wire 07-03-2023

BRW - $0.048 January Dividend

By Business Wire Business Wire 02-01-2022

BRW - $0.033 November Dividend

By Business Wire Business Wire 12-01-2021