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DTFTax-Freeome (DTFTax-Freeome) Dividends per Share

: $0.39 (TTM As of Oct. 2023)
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DTFTax-Freeome's dividends per share for the six months ended in Oct. 2023 was $0.20. Its dividends per share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.39. Its Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00. As of today, DTFTax-Freeome's Dividend Yield % is 3.64%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of DTFTax-Free Income Inc is 0.90, which seems too high.

During the past 3 years, the average Dividends Per Share Growth Rate was -6.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of DTFTax-Freeome was -3.60% per year. The lowest was -15.00% per year. And the median was -6.45% per year.

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


DTFTax-Freeome Dividends per Share Historical Data

The historical data trend for DTFTax-Freeome's Dividends per Share 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.

DTFTax-Freeome Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividends per Share
Get a 7-Day Free Trial 0.44 0.48 0.46 0.39 0.39

DTFTax-Freeome Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.20 0.20 0.20 0.20

Competitive Comparison

For the Asset Management subindustry, DTFTax-Freeome'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.


DTFTax-Freeome Dividend Yield % Distribution

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

* The bar in red indicates where DTFTax-Freeome's Dividend Yield % falls into.



DTFTax-Freeome Dividends per Share Calculation

Dividends paid to per common share.


DTFTax-Freeome  (NYSE:DTF) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

DTFTax-Freeome's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0.195/ -0.385
=N/A

During the past 7 years, the highest Dividend Payout Ratio of DTFTax-Freeome was 6.01. The lowest was 0.26. And the median was 0.92.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of DTFTax-Free Income Inc is 0.90, which seems too high.

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

DTFTax-Freeome Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0332024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0332024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0332024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0332024-01-122024-01-162024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0332023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0332023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0332023-10-132023-10-162023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0332023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0332023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0332023-07-142023-07-172023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0332023-06-142023-06-152023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0332023-05-122023-05-152023-05-31Cash DividendmonthlyUSD: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.


DTFTax-Freeome's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.396/10.74
=3.69 %

Current Share Price is $10.74.
DTFTax-Freeome's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.396.

During the past 7 years, the highest Dividend Yield of DTFTax-Freeome was 6.33%. The lowest was 2.84%. And the median was 3.60%.

* 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.


DTFTax-Freeome Dividends per Share Related Terms

Thank you for viewing the detailed overview of DTFTax-Freeome's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


DTFTax-Freeome (DTFTax-Freeome) Business Description

Traded in Other Exchanges
N/A
Address
200 South Wacker Drive, Suite 1900, Chicago, IL, USA, 60606
DTFTax-Free Income Inc is a diversified, closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax consistent with preservation of capital. The fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations.
Executives
Grumhaus David D Jr. other: Officer of Investment Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Mareile B. Cusack director DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Timothy P. Riordan officer: Vice President DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Kathleen Hegyi officer: CCO C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 SOUTH WACKER DRIVE, CHICAGO IL 60606
Dusty L. Self officer: Vice President VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Ronald H. Schwartz officer: Vice President VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
George W Karpus other: See Explanation of Responses
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Lisa Leonard officer: Vice President GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Timothy M Heaney officer: VP & Chief Investment Officer GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Hoffman Clifford W. Jr. director C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152

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