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DTFTax-Freeome (DTFTax-Freeome) Forward Dividend Yield % : 3.59% (As of Apr. 30, 2024)


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What is DTFTax-Freeome Forward Dividend Yield %?

As of today (2024-04-30), the Forward Annual Dividend Yield of DTFTax-Freeome is 3.59%.

As of today (2024-04-30), the Trailing Annual Dividend Yield of DTFTax-Freeome is 3.59%.

DTF's Forward Dividend Yield % is ranked worse than
74.46% of 1206 companies
in the Asset Management industry
Industry Median: 5.865 vs DTF: 3.59

DTFTax-Freeome's Dividends per Share for the six months ended in Oct. 2023 was $0.20.

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.

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.

The growth rate is calculated with least square regression.

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


Competitive Comparison of DTFTax-Freeome's Forward Dividend Yield %

For the Asset Management subindustry, DTFTax-Freeome'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.


DTFTax-Freeome's Forward Dividend Yield % Distribution in the Asset Management Industry

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

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



DTFTax-Freeome Forward Dividend Yield % Calculation

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.396/10.83
=3.66 %

Current Share Price is $10.83.
DTFTax-Freeome's Dividends per Share for the forward twelve months is calculated as $0.033 * 12 = $0.396.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.396/10.83
=3.66 %

Current Share Price is $10.83.
DTFTax-Freeome's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.396.

* 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  (NYSE:DTF) 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.


DTFTax-Freeome Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of DTFTax-Freeome's Forward Dividend Yield % 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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