As of today (2024-04-19), the Trailing Annual Dividend Yield of Gabelli Healthcare & WellnessRx Trust is 6.43%.
The historical rank and industry rank for Gabelli Healthcare & WellnessRx Trust's Dividend Yield % or its related term are showing as below:
GRX'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.17 Med: 4.99 Max: 7.75
Current: 6.43
During the past 7 years, the highest Dividend Yield of Gabelli Healthcare & WellnessRx Trust was 7.75%. The lowest was 1.17%. And the median was 4.99%.
GRX's Dividend Yield % is ranked better than 55.79% of 1217
companies
in the Asset Management industry
Industry Median: 5.66
vs GRX: 6.43
Gabelli Healthcare & WellnessRx Trust's Dividend Payout Ratio for the
six
months ended in Dec. 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 Gabelli Healthcare & WellnessRx Trust is 23.08, which seems too high.
During the past 7 years, the highest Dividend Payout Ratio of Gabelli Healthcare & WellnessRx Trust was 23.08. The lowest was 0.08. And the median was 0.24.
As of today (2024-04-19), the Forward Dividend Yield % of Gabelli Healthcare & WellnessRx Trust is 6.43%.
Gabelli Healthcare & WellnessRx Trust's Dividends per Share for the
six
months ended in Dec. 2023 was $0.30.
During the past 3 years, the average Dividends Per Share Growth Rate was 1.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.80% per year.
During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Gabelli Healthcare & WellnessRx Trust was 64.60% per year. The lowest was 1.10% per year. And the median was 3.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Gabelli Healthcare & WellnessRx Trust Dividend Yield % Historical Data
The historical data trend for Gabelli Healthcare & WellnessRx Trust'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.
Gabelli Healthcare & WellnessRx Trust Annual Data
Trend
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dividend Yield %
4.86
4.85
4.42
5.80
6.43
Gabelli Healthcare & WellnessRx Trust Semi-Annual Data
Dec17
Jun18
Dec18
Jun19
Dec19
Jun20
Dec20
Jun21
Dec21
Jun22
Dec22
Jun23
Dec23
Dividend Yield %
4.42
5.60
5.80
6.02
6.43
Competitive Comparison
For the Asset Management subindustry, Gabelli Healthcare & WellnessRx Trust'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.
Gabelli Healthcare & WellnessRx Trust Dividend Yield % Distribution
For the Asset Management industry and Financial Services sector, Gabelli Healthcare & WellnessRx Trust's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Gabelli Healthcare & WellnessRx Trust's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Gabelli Healthcare & WellnessRx Trust Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.150
2024-03-13
2024-03-14
2024-03-21
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150
2023-12-14
2023-12-15
2023-12-22
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150
2023-09-14
2023-09-15
2023-09-22
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150
2023-06-14
2023-06-15
2023-06-23
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.
Gabelli Healthcare & WellnessRx Trust's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.6
/
9.34
=
6.42 %
Current Share Price is $9.34.
Gabelli Healthcare & WellnessRx Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.6.
Gabelli Healthcare & WellnessRx Trust's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.6
/
9.34
=
6.42 %
Current Share Price is $9.34.
Gabelli Healthcare & WellnessRx Trust's Dividends per Share for the forward twelve months is calculated as $0.15 * 4 = $0.6.
* 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.
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.
Gabelli Healthcare & WellnessRx Trust Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Gabelli Healthcare & WellnessRx Trust's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Gabelli Healthcare & WellnessRx Trust operates as a diversified closed-end management investment company. The investment objective of the fund is the long-term growth of capital. The fund invests at least 80% of its assets in equity securities and income-producing securities of domestic & foreign companies in the healthcare and wellness industries. It invests in various sectors, of which Health Care Providers & Services, Food, Health Care Equipment and Supplies, and Pharmaceuticals account for the majority of the weightage.
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