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CUBA (Herzfeld Caribbean Basin Fund) Forward Dividend Yield % : 21.97% (As of Dec. 15, 2024)


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What is Herzfeld Caribbean Basin Fund Forward Dividend Yield %?

As of today (2024-12-15), the Forward Annual Dividend Yield of Herzfeld Caribbean Basin Fund is 21.97%.

As of today (2024-12-15), the Trailing Annual Dividend Yield of Herzfeld Caribbean Basin Fund is 16.48%.

CUBA's Forward Dividend Yield % is ranked better than
98.98% of 1179 companies
in the Asset Management industry
Industry Median: 6.06 vs CUBA: 21.97

Herzfeld Caribbean Basin Fund's Dividends per Share for the six months ended in Jun. 2024 was $0.27.

During the past 12 months, Herzfeld Caribbean Basin Fund's average Dividends Per Share Growth Rate was -41.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -13.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.50% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Herzfeld Caribbean Basin Fund was 73.90% per year. The lowest was -13.20% per year. And the median was 19.85% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Herzfeld Caribbean Basin Fund's Forward Dividend Yield %

For the Asset Management subindustry, Herzfeld Caribbean Basin 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.


Herzfeld Caribbean Basin Fund's Forward Dividend Yield % Distribution in the Asset Management Industry

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

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



Herzfeld Caribbean Basin Fund Forward Dividend Yield % Calculation

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

Herzfeld Caribbean Basin Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1353752024-06-032024-06-032024-07-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1353752024-03-262024-03-272024-05-10Cash DividendquarterlyUSD:USD 1.000000
USD 0.1353752023-12-282023-12-292024-01-31Cash DividendquarterlyUSD: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.

Herzfeld Caribbean Basin Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.5415/2.465
=21.97 %

Current Share Price is $2.465.
Herzfeld Caribbean Basin Fund's Dividends per Share for the forward twelve months is calculated as $0.135375 * 4 = $0.5415.

Herzfeld Caribbean Basin Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.406125/2.465
=16.48 %

Current Share Price is $2.465.
Herzfeld Caribbean Basin Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.406125.

* 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.


Herzfeld Caribbean Basin Fund  (NAS:CUBA) 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.


Herzfeld Caribbean Basin Fund Forward Dividend Yield % Related Terms

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Herzfeld Caribbean Basin Fund Business Description

Traded in Other Exchanges
N/A
Address
119 Washington Avenue, Suite 504, Miami Beach, FL, USA, 33139
Herzfeld Caribbean Basin Fund Inc operates as a closed-end management investment company. The company's investment objective is to obtain long-term capital appreciation. The firm offers customized discretionary account management and fund management services to individual and institutional investors. The fund invests in equity and equity-linked securities of public and private companies, including United States-based companies, whose securities are traded principally on a stock exchange in a Caribbean Basin Country. The fund's revenue source is through the dividends it receives. Its investments are geographically allocated in the United States followed by Mexico, Puerto Rico, and other countries.
Executives
Thomas J Herzfeld director, officer: President THE HERZFELD CARIBBEAN BASIN FUND INC, 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139
Erik Mervin Herzfeld officer: Portfolio Manager THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE. SUITE 504, MIAMI BEACH FL 33139
Ryan M Paylor other: Portfolio Manager THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Cecilia L Gondor officer: Secretary/Treasurer THE HERZFELD CARIBBEAN BASIN FUND INC, 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Zachary Paul Richmond officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Alice Tham officer: Secretary C/O THOMAS J. HERZFELD ADVISORS, INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Thomas K Morgan officer: CCO C/O THOMAS J. HERZFELD ADVISORS, INC., 119 WASHINGTON AVE, MIAMI BEACH FL 33139
Jose Raphael Oro other: Access Person 17 OLD ORCHARD ROAD, NORTH HAVEN CT 06473
Teofilo Abraham Babun other: Access Person 119 WASHINGTON AVENUE, SUITE 504, MIAMI BEACH FL 33139
Kay W Tatum director 122 SEVILLA AVE, APT 1713, CORAL GABLES FL 33134
Lee Reanna J.m. officer: Secretary/Treasurer/CCO 119 WASHINGTON AVE, STE 504, MIAMI BEACH FL 33139
John A Gelety director THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Ann S Lieff director THE HERZFELD CARIBBEAN BASIN FUND INC., 119 WASHINGTON AVE., SUITE 504, MIAMI BEACH FL 33139
Michael A Rubin director 420 SOUTH DIXIE HIGHWAY, STE 4-B, CORAL GABLES FL 33176