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Hipgnosis Songs Fund (LSE:SONG) Dividend Yield % : 1.29% (As of May. 21, 2024)


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What is Hipgnosis Songs Fund Dividend Yield %?

As of today (2024-05-21), the Trailing Annual Dividend Yield of Hipgnosis Songs Fund is 1.29%.

Warning Sign:

Hipgnosis Songs Fund Ltd stock dividend yield is close to 5-year low.

The historical rank and industry rank for Hipgnosis Songs Fund's Dividend Yield % or its related term are showing as below:

LSE:SONG' s Dividend Yield % Range Over the Past 10 Years
Min: 1.29   Med: 4.84   Max: 8.47
Current: 1.29

During the past 5 years, the highest Dividend Yield of Hipgnosis Songs Fund was 8.47%. The lowest was 1.29%. And the median was 4.84%.

LSE:SONG's Dividend Yield % is ranked worse than
75.32% of 389 companies
in the Media - Diversified industry
Industry Median: 2.65 vs LSE:SONG: 1.29

Hipgnosis Songs Fund's Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.00.

During the past 5 years, the highest Dividend Payout Ratio of Hipgnosis Songs Fund was 1.41. The lowest was 0.79. And the median was 1.10.

As of today (2024-05-21), the Forward Dividend Yield % of Hipgnosis Songs Fund is 0.00%.

Hipgnosis Songs Fund's Dividends per Share for the six months ended in Sep. 2023 was £0.01.

During the past 12 months, Hipgnosis Songs Fund's average Dividends Per Share Growth Rate was -29.10% per year.

The growth rate is calculated with least square regression.

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


Hipgnosis Songs Fund Dividend Yield % Historical Data

The historical data trend for Hipgnosis Songs 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.

Hipgnosis Songs Fund Dividend Yield % Chart

Hipgnosis Songs Fund Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
0.93 4.85 4.08 4.35 6.48

Hipgnosis Songs Fund Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only 4.30 4.35 5.89 6.48 6.55

Competitive Comparison of Hipgnosis Songs Fund's Dividend Yield %

For the Entertainment subindustry, Hipgnosis Songs 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.


Hipgnosis Songs Fund's Dividend Yield % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hipgnosis Songs Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hipgnosis Songs Fund's Dividend Yield % falls into.



Hipgnosis Songs Fund Dividend Yield % Calculation

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

Hipgnosis Songs Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
GBP 0.0131252023-06-292023-06-302023-07-28Cash DividendquarterlyGBP:GBP 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.

Hipgnosis Songs Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.013125/1.016
=1.29 %

Current Share Price is £1.016.
Hipgnosis Songs Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.013125.

* 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.


Hipgnosis Songs Fund  (LSE:SONG) 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.


Hipgnosis Songs Fund Dividend Yield % Related Terms

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


Hipgnosis Songs Fund (LSE:SONG) Business Description

Traded in Other Exchanges
N/A
Address
Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY
Hipgnosis Songs Fund Ltd is an investment company. The company's investment objective is to provide shareholders with an attractive and growing level of income, together with the potential for capital growth. It offers to play exposure to songs and associated musical intellectual property rights. Hipgnosis Songs Fund serves customers globally.

Hipgnosis Songs Fund (LSE:SONG) Headlines

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