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Western Asset Variable Rate Strategic Fd (Western Asset Variable Rate Strategic Fd) Dividend Yield % : 5.71% (As of Apr. 26, 2024)


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What is Western Asset Variable Rate Strategic Fd Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Western Asset Variable Rate Strategic Fd is 5.71%.

The historical rank and industry rank for Western Asset Variable Rate Strategic Fd's Dividend Yield % or its related term are showing as below:

GFY' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.71
Current: 5.71

During the past 4 years, the highest Dividend Yield of Western Asset Variable Rate Strategic Fd was 5.71%. The lowest was 0.00%. And the median was 0.00%.

GFY's Dividend Yield % is not ranked
in the Asset Management industry.
Industry Median: 5.65 vs GFY: 5.71

Western Asset Variable Rate Strategic Fd's Dividend Payout Ratio for the six months ended in Sep. 2020 was 0.28.

As of today (2024-04-26), the Forward Dividend Yield % of Western Asset Variable Rate Strategic Fd is 5.71%.

Western Asset Variable Rate Strategic Fd's Dividends per Share for the six months ended in Sep. 2020 was $0.47.

The growth rate is calculated with least square regression.

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


Western Asset Variable Rate Strategic Fd Dividend Yield % Historical Data

The historical data trend for Western Asset Variable Rate Strategic Fd'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.

Western Asset Variable Rate Strategic Fd Dividend Yield % Chart

Western Asset Variable Rate Strategic Fd Annual Data
Trend Sep17 Sep18 Sep19 Sep20
Dividend Yield %
- 5.66 5.72 5.67

Western Asset Variable Rate Strategic Fd Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
Dividend Yield % Get a 7-Day Free Trial 5.66 5.84 5.72 6.73 5.67

Competitive Comparison of Western Asset Variable Rate Strategic Fd's Dividend Yield %

For the Asset Management subindustry, Western Asset Variable Rate Strategic Fd'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.


Western Asset Variable Rate Strategic Fd's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Variable Rate Strategic Fd's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Western Asset Variable Rate Strategic Fd's Dividend Yield % falls into.



Western Asset Variable Rate Strategic Fd Dividend Yield % Calculation

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


Western Asset Variable Rate Strategic Fd  (NYSE:GFY) 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.


Western Asset Variable Rate Strategic Fd Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Western Asset Variable Rate Strategic Fd's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Variable Rate Strategic Fd (Western Asset Variable Rate Strategic Fd) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 49th Floor, New York, NY, USA, 10018
Western Asset Variable Rate Strategic Fd Inc. is a non-diversified, closed-end management investment company. Its investment objective is to maintain a high level of current income by investing in variable rate instruments of U.S. and non-U.S. issuers. The fund invests in various sectors such as energy, materials and healthcare and others.
Executives
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Relative Value Partners Group, Llc other: QUALIFIED INSTITUTION MANAGER 1033 SKOKIE BLVD., SUITE 470, NORTHBROOK IL 60062
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202
Todd F Kuehl officer: Chief Compliance Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Kenneth Fuller director, officer: CEO, Pres. & Chairman, other: CEO & Pres. Of Manager 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Thomas C Merchant other: Director of Subadviser LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202