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Pioneer Floating Rate Trust (Pioneer Floating Rate Trust) Dividends per Share

: $1.07 (TTM As of Nov. 2023)
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Pioneer Floating Rate Trust's dividends per share for the six months ended in Nov. 2023 was $0.55. Its dividends per share for the trailing twelve months (TTM) ended in Nov. 2023 was $1.07. Its Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.63. As of today, Pioneer Floating Rate Trust's Dividend Yield % is 11.45%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Pioneer Floating Rate Trust is 0.84, which seems too high.

Good Sign:

Pioneer Floating Rate Trust stock dividend yield is close to 10-year high.

During the past 12 months, Pioneer Floating Rate Trust's average Dividends Per Share Growth Rate was 43.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% 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 Pioneer Floating Rate Trust was 20.20% per year. The lowest was -9.70% per year. And the median was 0.60% per year.

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


Pioneer Floating Rate Trust Dividends per Share Historical Data

The historical data trend for Pioneer Floating Rate Trust'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.

Pioneer Floating Rate Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividends per Share
Premium Member Only Premium Member Only 0.80 0.62 0.73 0.75 1.07

Pioneer Floating Rate Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Dividends per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.35 0.40 0.52 0.55

Competitive Comparison

For the Asset Management subindustry, Pioneer Floating Rate 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.


Pioneer Floating Rate Trust Dividend Yield % Distribution

For the Asset Management industry and Financial Services sector, Pioneer Floating Rate Trust's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Pioneer Floating Rate Trust's Dividend Yield % falls into.



Pioneer Floating Rate Trust Dividends per Share Calculation

Dividends paid to per common share.


Pioneer Floating Rate Trust  (NYSE:PHD) Dividends per Share Explanation

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

Pioneer Floating Rate Trust's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2023 )/ EPS without NRI (Q: Nov. 2023 )
=0.553/ 0.88
=0.63

During the past 7 years, the highest Dividend Payout Ratio of Pioneer Floating Rate Trust was 7.73. The lowest was 0.75. And the median was 1.29.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Pioneer Floating Rate Trust is 0.84, which seems too high.

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

Pioneer Floating Rate Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0932024-04-182024-04-192024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0932024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0932024-02-152024-02-162024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0932023-12-282023-12-292024-01-08Cash DividendmonthlyUSD:USD 1.000000
USD 0.0932023-12-112023-12-122023-12-19Cash DividendmonthlyUSD:USD 1.000000
USD 0.0932023-11-152023-11-162023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0932023-10-172023-10-182023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0932023-09-192023-09-202023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0932023-08-172023-08-182023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0932023-07-202023-07-212023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0902023-06-152023-06-162023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0902023-05-172023-05-182023-05-31Cash 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.


Pioneer Floating Rate Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.11/9.61
=11.55 %

Current Share Price is $9.61.
Pioneer Floating Rate Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.11.

During the past 7 years, the highest Dividend Yield of Pioneer Floating Rate Trust was 11.84%. The lowest was 5.14%. And the median was 7.46%.

Good Sign:

Pioneer Floating Rate Trust stock dividend yield is close to 10-year high.

* 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.


Pioneer Floating Rate Trust Dividends per Share Related Terms

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


Pioneer Floating Rate Trust (Pioneer Floating Rate Trust) Business Description

Traded in Other Exchanges
N/A
Address
60 State Street, Boston, MA, USA, 02109
Pioneer Floating Rate Trust is a diversified fund. It seeks a high level of current income by investing primarily in floating-rate loans. Its investment objective is to provide a high level of current income and seek the preservation of capital.
Executives
Yana Karalnik officer: CHIEF COMPLIANCE OFFICER 60 STATE STREET, BOSTON MA 02109
Michael Melnick officer: Assistant Treasurer 60 STATE STREET, BOSTON MA 02109
Koenig Anthony J Jr officer: Treasurer 60 STATE STREET, BOSTON MA 02109
Craig C Mackay officer: Trustee 75 WEST 125TH STREET, NEW YORK NY 10027
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Diane Durnin other: Trustee 60 STATE STREET, BOSTON MA 02109
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Baumgardner John E Jr. other: Trustee 60 STATE STREET, BOSTON MA 02109
John Michael Malone officer: Chief Compliance Officer 60 STATE STREET, BOSTON MA 02019
Lorraine H Monchak other: Trustee 60 STATE STREET, PIONEER INVESTMENTS, BOSTON MA 02109
Fred J Ricciardi other: Trustee 60 STATE STREET, BOSTON MA 02109
Lisa Jones officer: Chief Executive Officer 60 STATE STREET, PIONEER INVESTMENTS, BOSTON MA 02109
Mark Goodwin officer: Executive Vice President PIONEER INVESTMENTS, 60 STATE STREET, BOSTON MA 02109
Kenneth Taubes other: Trustee
Marc O Mayer other: Trustee C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

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