As of today (2024-04-19), the Trailing Annual Dividend Yield of Allspring Global Dividend Opportunity Fund is 9.69%.
Warning Sign:
Allspring Global Dividend Opportunity Fund stock dividend yield is close to 2-year low.
The historical rank and industry rank for Allspring Global Dividend Opportunity Fund's Dividend Yield % or its related term are showing as below:
EOD'
s Dividend Yield % Range Over the Past 10 Years
Min: 8.61 Med: 11.05 Max: 18.14
Current: 9.69
During the past 7 years, the highest Dividend Yield of Allspring Global Dividend Opportunity Fund was 18.14%. The lowest was 8.61%. And the median was 11.05%.
EOD's Dividend Yield % is ranked better than 78.64% of 1217
companies
in the Asset Management industry
Industry Median: 5.66
vs EOD: 9.69
Allspring Global Dividend Opportunity 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 Allspring Global Dividend Opportunity Fund is 1.14, which seems too high.
During the past 7 years, the highest Dividend Payout Ratio of Allspring Global Dividend Opportunity Fund was 1.14. The lowest was 0.30. And the median was 0.74.
As of today (2024-04-19), the Forward Dividend Yield % of Allspring Global Dividend Opportunity Fund is 9.69%.
Allspring Global Dividend Opportunity Fund's Dividends per Share for the
six
months ended in Oct. 2023 was $0.21.
During the past 12 months, Allspring Global Dividend Opportunity Fund's average Dividends Per Share Growth Rate was -15.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -7.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -6.50% per year.
During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Allspring Global Dividend Opportunity Fund was -1.60% per year. The lowest was -7.80% per year. And the median was -5.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Allspring Global Dividend Opportunity Fund Dividend Yield % Historical Data
The historical data trend for Allspring Global Dividend Opportunity 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.
Allspring Global Dividend Opportunity Fund Annual Data
Allspring Global Dividend Opportunity Fund Semi-Annual Data
Oct17
Apr18
Oct18
Apr19
Oct19
Apr20
Oct20
Apr21
Oct21
Apr22
Oct22
Apr23
Oct23
Dividend Yield %
8.87
10.51
11.37
11.33
11.63
Competitive Comparison
For the Asset Management subindustry, Allspring Global Dividend Opportunity 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.
Allspring Global Dividend Opportunity Fund Dividend Yield % Distribution
For the Asset Management industry and Financial Services sector, Allspring Global Dividend Opportunity Fund's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Allspring Global Dividend Opportunity Fund's Dividend Yield % falls into.
Allspring Global Dividend Opportunity Fund Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Allspring Global Dividend Opportunity Fund Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.108
2024-03-11
2024-03-12
2024-04-01
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.107
2023-12-11
2023-12-12
2024-01-02
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.106
2023-09-11
2023-09-12
2023-10-02
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.107
2023-06-12
2023-06-13
2023-07-03
Cash Dividend
quarterly
USD: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.
Allspring Global Dividend Opportunity Fund's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.428
/
4.42
=
9.68 %
Current Share Price is $4.42.
Allspring Global Dividend Opportunity Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.428.
Allspring Global Dividend Opportunity Fund's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.432
/
4.42
=
9.77 %
Current Share Price is $4.42.
Allspring Global Dividend Opportunity Fund's Dividends per Share for the forward twelve months is calculated as $0.108 * 4 = $0.432.
* 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.
Allspring Global Dividend Opportunity Fund (NYSE:EOD) 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.
Allspring Global Dividend Opportunity Fund Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Allspring Global Dividend Opportunity Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Allspring Global Dividend Opportunity Fund (Allspring Global Dividend Opportunity Fund) Business Description
Allspring Global Dividend Opportunity Fund is a diversified closed-end management investment company. Its primary investment objective is to seek a high level of current income. The fund's secondary objective is the long-term growth of capital. The fund allocates its assets between two separate investment strategies or sleeves. Under normal market conditions, the fund allocates approximately 80% of its total assets to an equity sleeve comprised of common stocks.
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