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Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Dividend Yield % : 5.57% (As of May. 31, 2024)


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What is Miller/Howard Highome Equity Fund Dividend Yield %?

As of today (2024-05-31), the Trailing Annual Dividend Yield of Miller/Howard Highome Equity Fund is 5.57%.

The historical rank and industry rank for Miller/Howard Highome Equity Fund's Dividend Yield % or its related term are showing as below:

HIE' s Dividend Yield % Range Over the Past 10 Years
Min: 5.02   Med: 10.14   Max: 28.47
Current: 5.57

During the past 7 years, the highest Dividend Yield of Miller/Howard Highome Equity Fund was 28.47%. The lowest was 5.02%. And the median was 10.14%.

HIE's Dividend Yield % is ranked better than
50.62% of 1215 companies
in the Asset Management industry
Industry Median: 5.57 vs HIE: 5.57

Miller/Howard Highome Equity Fund's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Miller/Howard High Income Equity Fund is 6.12, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Miller/Howard Highome Equity Fund was 6.12. The lowest was 0.12. And the median was 1.21.

As of today (2024-05-31), the Forward Dividend Yield % of Miller/Howard Highome Equity Fund is 5.57%.

Miller/Howard Highome Equity Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.31.

During the past 12 months, Miller/Howard Highome Equity Fund's average Dividends Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -18.50% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Miller/Howard Highome Equity Fund was -10.70% per year. The lowest was -26.20% per year. And the median was -20.10% per year.

The growth rate is calculated with least square regression.

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


Miller/Howard Highome Equity Fund Dividend Yield % Historical Data

The historical data trend for Miller/Howard Highome Equity 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.

Miller/Howard Highome Equity Fund Dividend Yield % Chart

Miller/Howard Highome Equity Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
Get a 7-Day Free Trial 11.81 14.38 5.44 5.72 6.38

Miller/Howard Highome Equity Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 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 5.44 5.54 5.72 5.88 6.38

Competitive Comparison of Miller/Howard Highome Equity Fund's Dividend Yield %

For the Asset Management subindustry, Miller/Howard Highome Equity 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.


Miller/Howard Highome Equity Fund's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Miller/Howard Highome Equity Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Miller/Howard Highome Equity Fund's Dividend Yield % falls into.



Miller/Howard Highome Equity Fund Dividend Yield % Calculation

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

Miller/Howard Highome Equity Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0510002024-05-232024-05-242024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002024-04-222024-04-232024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002024-03-202024-03-212024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002024-02-212024-02-222024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002024-01-232024-01-242024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-12-212023-12-222023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-11-212023-11-222023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-10-232023-10-242023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-09-212023-09-222023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-08-232023-08-242023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-07-212023-07-242023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-06-222023-06-232023-06-30Cash 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.

Miller/Howard Highome Equity Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.612/10.98
=5.57 %

Current Share Price is $10.98.
Miller/Howard Highome Equity Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.612.

Miller/Howard Highome Equity Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.612/10.98
=5.57 %

Current Share Price is $10.98.
Miller/Howard Highome Equity Fund's Dividends per Share for the forward twelve months is calculated as $0.051 * 12 = $0.612.

* 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.


Miller/Howard Highome Equity Fund  (NYSE:HIE) 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.


Miller/Howard Highome Equity Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Miller/Howard Highome Equity Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
45 Pine Grove Avenue, Suite 301, Kingston, NY, USA, 12401
Miller/Howard High Income Equity Fund is a closed-end, diversified management investment company. The fund's primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It invests under normal market conditions, a majority of its total assets in dividend or distribution paying equity securities of U.S. companies and non-U.S. companies traded on U.S. exchanges. Its portfolio of investments consists of securities of different sectors such as Natural Gas Transmission, Real Estate Investment Trusts, Petroleum Refining, Oil and Gas Extraction, Electric Services and others.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Paul Charles Kazarian director C/O SABA CAPITAL MANAGEMENT, L.P., 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
James E Hillman director 10 DIXON AVENUE, WOODSTOCK NY 12498
Eva M Horowitz officer: Secretary 45 PINE GROVE AVENUE, SUITE 301, KINGSTON NY 12401
Sacco Mayra director 10 DIXON AVE, WOODSTOCK NY 12498
Catherine Mari Johnston director, officer: President 10 DIXON AVE, WOODSTOCK NY 12498
Dana Troxell officer: President C/O MILLER/HOWARD HIGH EQUITY INCOME FND, P.O. BOX 549, WOODSTOCK NY 12498
Lowell Miller officer: Chief Executive Officer PO BOX 549, WOODSTOCK NY 12498
Roger Conrad director 3516 HALCYON DRIVE, ALEXANDRIA VA 22305
Charles I Leone director C/O US WIRELESS DATA INC, 805 THIRD AVENUE, NEW YORK NY 10022
Paul Brook officer: Chief Compliance Officer MILLER/HOWARD HIGH EQUITY INCOME FUND, P.O. BOX 549, WOODSTOCK NY 12498
Helen Hamada officer: Chief Financial Officer PO BOX 549, WOODSTOCK NY 12498
Annemarie Gilly officer: Chief Operating Officer PO BOX 549, WOODSTOCK NY 12498
Leslie John E Iii officer: Vice President MILLER/HOWARD HIGH EQUITY INCOME FUND, P.O. BOX 549, WOODSTOCK NY 12498

Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Headlines