GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Logan Ridge Finance Corp (NAS:LRFC) » Definitions » Forward Dividend Yield %

Logan Ridge Finance (Logan Ridge Finance) Forward Dividend Yield % : 4.94% (As of May. 05, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Logan Ridge Finance Forward Dividend Yield %?

As of today (2024-05-05), the Forward Annual Dividend Yield of Logan Ridge Finance is 4.94%.

As of today (2024-05-05), the Trailing Annual Dividend Yield of Logan Ridge Finance is 4.94%.

LRFC's Forward Dividend Yield % is ranked worse than
60.28% of 1206 companies
in the Asset Management industry
Industry Median: 5.83 vs LRFC: 4.94

Logan Ridge Finance's Dividends per Share for the three months ended in Dec. 2023 was $0.30.

During the past 3 years, the average Dividends Per Share Growth Rate was -1.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Logan Ridge Finance was 55.70% per year. The lowest was -50.50% per year. And the median was -14.85% 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 Logan Ridge Finance's Forward Dividend Yield %

For the Asset Management subindustry, Logan Ridge Finance'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.


Logan Ridge Finance's Forward Dividend Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where Logan Ridge Finance's Forward Dividend Yield % falls into.



Logan Ridge Finance Forward Dividend Yield % Calculation

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

Logan Ridge Finance Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3200002024-03-222024-03-252024-04-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.3000002023-11-172023-11-202023-11-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.2600002023-08-212023-08-222023-08-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.2200002023-05-192023-05-222023-05-31Cash 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.

Logan Ridge Finance's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.28/22.2499
=5.75 %

Current Share Price is $22.2499.
Logan Ridge Finance's Dividends per Share for the forward twelve months is calculated as $0.32 * 4 = $1.28.

Logan Ridge Finance's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.1/22.2499
=4.94 %

Current Share Price is $22.2499.
Logan Ridge Finance's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.1.

* 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.


Logan Ridge Finance  (NAS:LRFC) 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.


Logan Ridge Finance Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Logan Ridge Finance's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Logan Ridge Finance (Logan Ridge Finance) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022
Logan Ridge Finance Corp an externally managed non-diversified closed-end management investment company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company offers customized financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.
Executives
Jennifer Kwon Chou director C/O THE GORES GROUP, 9800 WILSHIRE BOULEVARD, BEVERLY HILLS CA 90212
Patrick Schafer officer: Chief Investment Officer 650 MADISON AVENUE, NEW YORK NY 10022
Brandon Satoren officer: See Remarks 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Edward J. Goldthorpe director, officer: CEO and President 650 MADISON AVENUE, NEW YORK NY 10022
Jason T Roos officer: CFO, Treasurer and Secretary 23 SPRINGHURST ROAD, BEDFORD HILLS NY 10507
David Held officer: Chief Compliance Officer 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
George Grunebaum director C/O ASHMORE INVESTMENT MANAGEMENT LTD., 61 ALDWYCH, LONDON X0 WC2B 4AE
Alexander Duka director 650 MADISON AVENUE, NEW YORK NY 10022
Robert Herman Warshauer director 8 GOLDEN POND ROAD, WEST HARRISON NY 10604
Larry W. Carroll director C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Alala Joseph B Iii director, officer: See Remarks C/O CAPITALA FINANCE CORP., 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Richard Wheelahan officer: Chief Compliance Officer C/O CAPITALA FINANCE CORP., 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Kevin A. Koonts officer: Chief Accounting Officer 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Stephen A. Arnall officer: Chief Financial Officer C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Markham Hunt Broyhill director 800 HICKORY BLVD. SW, LENOIR NC 28645

Logan Ridge Finance (Logan Ridge Finance) Headlines

From GuruFocus