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RENN Fund (RENN Fund) Dividend Yield % : 0.92% (As of Apr. 29, 2024)


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What is RENN Fund Dividend Yield %?

As of today (2024-04-29), the Trailing Annual Dividend Yield of RENN Fund is 0.92%.

Good Sign:

RENN Fund Inc stock dividend yield is close to 1-year high.

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

RCG' s Dividend Yield % Range Over the Past 10 Years
Min: 0.22   Med: 0.93   Max: 1.28
Current: 0.92

During the past 13 years, the highest Dividend Yield of RENN Fund was 1.28%. The lowest was 0.22%. And the median was 0.93%.

RCG's Dividend Yield % is ranked worse than
94.06% of 1213 companies
in the Asset Management industry
Industry Median: 5.61 vs RCG: 0.92

RENN Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of RENN Fund was 0.03. The lowest was 0.03. And the median was 0.03.

As of today (2024-04-29), the Forward Dividend Yield % of RENN Fund is 0.92%.

RENN Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.02.

During the past 12 months, RENN Fund's average Dividends Per Share Growth Rate was 275.00% per year.

The growth rate is calculated with least square regression.

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


RENN Fund Dividend Yield % Historical Data

The historical data trend for RENN 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.

RENN Fund Dividend Yield % Chart

RENN Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.85 0.19 0.89

RENN Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.99 0.19 0.20 0.89

Competitive Comparison of RENN Fund's Dividend Yield %

For the Asset Management subindustry, RENN 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.


RENN Fund's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RENN Fund's Dividend Yield % distribution charts can be found below:

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



RENN Fund Dividend Yield % Calculation

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

RENN Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0152023-12-152023-12-182023-12-29Cash DividendannuallyUSD: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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.015/1.63
=0.92 %

Current Share Price is $1.63.
RENN Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.015.

RENN Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.015/1.63
=0.92 %

Current Share Price is $1.63.
RENN Fund's Dividends per Share for the forward twelve months is calculated as $0.015 * 1 = $0.015.

* 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.


RENN Fund  (AMEX:RCG) 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.


RENN Fund Dividend Yield % Related Terms

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


RENN Fund (RENN Fund) Business Description

Traded in Other Exchanges
N/A
Address
470 Park Avenue South, New York, NY, USA, 10016
RENN Fund Inc is active in the financial services domain. It is a closed-end management investment company formed with the objective of providing long-term capital appreciation by investing substantially in privately placed convertible and equity securities of emerging growth companies traded on the United States securities exchanges. It invests in various industries, including communication services, surgical and medical instruments and apparatus, telecommunications, crude petroleum, and natural gas and medical chemicals, and botanical products.
Executives
Murray Stahl director, officer: President and CEO C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Grimaldi Russell officer: Secretary C/O HORIZON KINETICS LLC, 470 PARK AVE S, 8TH FL S, NEW YORK NY 10016
Jay H Kesslen officer: President and CEO C/O HORIZON KINETICS LLC, 470 PARK AVE S, 8TH FL S, NEW YORK NY 10016
Alun Williams officer: Treasurer C/O HORIZON KINETICS LLC, 470 PARK AVE S, 8TH FL S, NEW YORK NY 10016
Doug Cohen director HORIZON KINETICS, LLC, 470 PARK AVE S, 4TH FL S, NEW YORK NY 10016
Alice C Brennan director C/O RENN FUND, INC., 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Steven Bregman other: Co-Portfolio Manager HORIZON KINETICS LLC, 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Peter Doyle other: Co-Portfolio Manager 470 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10016
Eric Sites director C/O RENN FUND, INC., 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Herbert M Chain director C/O RENN FUND, INC., 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
J Philip Mccormick director
Pierce Charles C Jr director C/O RENAISSANCE CAPITAL GROUP INC, 8080 N. CENTRAL EXPRESSWAY #210 LB-59, DALLAS TX 75206
Renn Capital Group, Inc. 10 percent owner 8080 N. CENTRAL EXPRESSWAY, SUITE 210, LB-59, DALLAS TX 75204
Barbara Butschek officer: Secretary and Treasurer
Zed Eric Stephens officer: Vice President RENN CAPITAL GROUP, INC., 8080 N. CENTRAL EXPRESSWAY, SUITE 210, DALLAS TX 75206

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