GDL FundGDLPC.PFD 61 Forward Dividend Yield % is 3.99% as of Jun. 28, 2026. GuruFocus rates GDLPC.PFD with a GF Score™ of 61/100. The stock has 1 warning sign investors should review. Among 1,105 Asset Management companies, GDL Fund ranks worse than 54.03% on this metric.
As of today (2026-06-28), the Forward Annual Dividend Yield of GDL Fund is 3.99%.
As of today (2026-06-28), the Trailing Annual Dividend Yield of GDL Fund is 3.99%.
GDLpC.PFD's Forward Dividend Yield % is ranked worse than 54.03% of 1105
companies
in the Asset Management industry
Industry Median: 6.14
vs GDLpC.PFD: 3.99
During the past 5 years, the average Dividends Per Share Growth Rate was 0.60% per year.
During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of GDL Fund was 66.30% per year. The lowest was 0.00% per year. And the median was 3.85% 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:GDLpC.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.
GDLPC.PFD vs GCV, MGF, RGT: Forward Dividend Yield % 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 Forward Dividend Yield % vs Asset Management Industry
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.
What does a Forward Dividend Yield % of 3.99% mean?
GDL Fund (GDLPC.PFD) has a Forward Dividend Yield % of 3.99% as of Jun. 28, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on GDL Fund and its competitors. According to the industry distribution chart, GDL Fund ranks #597 out of 1105 companies in the Asset Management industry, placing it in the top 54%.
Is GDL Fund's Forward Dividend Yield % too high?
GDL Fund's current Forward Dividend Yield % is 3.99%. The Asset Management industry median Forward Dividend Yield % is 6.14. GDL Fund's value of 3.99% is 35% below this industry median. Based on the distribution chart, GDL Fund ranks #597 out of 1105 companies in the Asset Management industry, which is below the industry midpoint. Overall, GDL Fund has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does GDL Fund's Forward Dividend Yield % compare to GCV and MGF?
According to the Asset Management industry distribution chart, GDL Fund ranks #597 out of 1105 companies for Forward Dividend Yield %. This places GDL Fund in the lower half of its industry. The industry median Forward Dividend Yield % is 6.14. GDL Fund's value of 3.99% is 35% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Asset Management company?
The median Forward Dividend Yield % among Asset Management companies is 6.14, based on 1,105 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GDL Fund's current Forward Dividend Yield % of 3.99% is 35% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on GDL Fund and its competitors. For the Asset Management industry, the median Forward Dividend Yield % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GDL Fund's current Forward Dividend Yield % is 3.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDL Fund stock overvalued right now?
GDL Fund (GDLPC.PFD) has a current Forward Dividend Yield % of 3.99%. The current Forward Dividend Yield % is 3.99% and 35% below the Asset Management industry median of 6.14. GDL Fund's overall GF Score™ is 61/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For GDL Fund (GDLPC.PFD), the current Forward Dividend Yield % is 3.99% as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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 in merger arbitrage transactions and, to a lesser extent, in corporate reorganizations involving stubs, spin-offs, and liquidations.
61GF Score
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