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GDL Fund (NYSE:GDLPRB.PFD) Forward Dividend Yield %

: 2.96% (As of Today)
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As of today (2022-12-09), the Forward Annual Dividend Yield of GDL Fund is 2.96%.

As of today (2022-12-09), the Trailing Annual Dividend Yield of GDL Fund is 0.74%.

GDLPRB.PFD's Forward Dividend Yield % is ranked better than
52.72% of 1269 companies
in the Asset Management industry
Industry Median: 5.85 vs GDLPRB.PFD: 2.96

GDL Fund's Dividends per Share for the six months ended in Jun. 2022 was $0.00.

During the past 12 months, GDL Fund's average Dividends Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year.

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of GDL Fund was 66.30% per year. The lowest was 6.30% per year. And the median was 36.30% per year.

The growth rate is calculated with least square regression.

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

GDL Fund (NYSE:GDLPRB.PFD) Forward Dividend Yield % Competitive Comparison

For the Asset Management subindustry, GDL 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.


GDL Fund (NYSE:GDLPRB.PFD) Forward Dividend Yield % Distribution

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

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

GDL Fund Forward Dividend Yield % Calculation

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

GDL Fund  (NYSE:GDLPRB.PFD) 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.

GDL Fund Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of GDL Fund's Forward Dividend Yield % provided by Please click on the following links to see related term pages.

GDL Fund (NYSE:GDLPRB.PFD) Business Description

GDL Fund logo
Traded in Other Exchanges
One Corporate Center, Rye, NY, USA, 10580-1422
GDL Fund is a diversified closed-end management investment company. Its primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. The fund seeks to achieve its objective by investing primarily in merger arbitrage transactions and, to a lesser extent, in corporate reorganizations involving stubs, spin-offs, and liquidations.
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