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RENN Fund (RENN Fund) Forward Dividend Yield %

: 0.96% (As of Today)
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As of today (2024-04-17), the Forward Annual Dividend Yield of RENN Fund is 0.96%.

As of today (2024-04-17), the Trailing Annual Dividend Yield of RENN Fund is 0.96%.

RCG's Forward Dividend Yield % is ranked worse than
94.12% of 1208 companies
in the Asset Management industry
Industry Median: 5.93 vs RCG: 0.96

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.


Competitive Comparison

For the Asset Management subindustry, RENN Fund's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Forward Dividend Yield % Distribution

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

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



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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.015/1.58
=0.95 %

Current Share Price is $1.58.
RENN Fund's Dividends per Share for the forward twelve months is calculated as $0.015 * 1 = $0.015.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.015/1.58
=0.95 %

Current Share Price is $1.58.
RENN Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $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) Forward 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 Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of RENN Fund's Forward 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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