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First Trust Highome Long/Short Fund (First Trust Highome Long/Short Fund) Forward Dividend Yield % : 10.87% (As of Apr. 25, 2024)


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What is First Trust Highome Long/Short Fund Forward Dividend Yield %?

As of today (2024-04-25), the Forward Annual Dividend Yield of First Trust Highome Long/Short Fund is 10.87%.

As of today (2024-04-25), the Trailing Annual Dividend Yield of First Trust Highome Long/Short Fund is 10.87%.

FSD's Forward Dividend Yield % is ranked better than
83.71% of 1203 companies
in the Asset Management industry
Industry Median: 5.91 vs FSD: 10.87

First Trust Highome Long/Short Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.63.

During the past 3 years, the average Dividends Per Share Growth Rate was -1.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.90% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of First Trust Highome Long/Short Fund was 0.40% per year. The lowest was -1.50% per year. And the median was -0.40% 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 First Trust Highome Long/Short Fund's Forward Dividend Yield %

For the Asset Management subindustry, First Trust Highome Long/Short 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.


First Trust Highome Long/Short Fund's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Highome Long/Short Fund's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where First Trust Highome Long/Short Fund's Forward Dividend Yield % falls into.



First Trust Highome Long/Short Fund Forward Dividend Yield % Calculation

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

First Trust Highome Long/Short Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1052024-04-012024-04-022024-04-15Cash DividendmonthlyUSD: 1.000000
USD 0.1052024-03-012024-03-042024-03-15Cash DividendmonthlyUSD: 1.000000
USD 0.1052024-02-012024-02-022024-02-15Cash DividendmonthlyUSD: 1.000000
USD 0.1052024-01-022024-01-032024-01-16Cash DividendmonthlyUSD: 1.000000
USD 0.1052023-12-012023-12-042023-12-15Cash DividendmonthlyUSD: 1.000000
USD 0.1052023-11-012023-11-022023-11-15Cash DividendmonthlyUSD: 1.000000
USD 0.1052023-10-022023-10-032023-10-16Cash DividendmonthlyUSD: 1.000000
USD 0.1052023-09-012023-09-052023-09-15Cash DividendmonthlyUSD: 1.000000
USD 0.1052023-08-012023-08-022023-08-15Cash DividendmonthlyUSD: 1.000000
USD 0.1052023-07-032023-07-052023-07-17Cash DividendmonthlyUSD: 1.000000
USD 0.1052023-06-012023-06-022023-06-15Cash DividendmonthlyUSD: 1.000000
USD 0.1052023-05-012023-05-022023-05-15Cash DividendmonthlyUSD: 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.

First Trust Highome Long/Short Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.26/11.57
=10.89 %

Current Share Price is $11.57.
First Trust Highome Long/Short Fund's Dividends per Share for the forward twelve months is calculated as $0.105 * 12 = $1.26.

First Trust Highome Long/Short Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.26/11.57
=10.89 %

Current Share Price is $11.57.
First Trust Highome Long/Short Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.26.

* 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.


First Trust Highome Long/Short Fund  (NYSE:FSD) 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.


First Trust Highome Long/Short Fund Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of First Trust Highome Long/Short Fund's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Trust Highome Long/Short Fund (First Trust Highome Long/Short Fund) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust High Income Long/Short Fund is a diversified, closed-end management investment company based in the United States. The fund's objective is to provide a high current income to its investors. Its secondary objective is capital appreciation. It seeks to achieve its objectives by investing in a diversified portfolio in the United States. The fund holds an interest in various sectors, such as basic industry, healthcare, capital goods, telecommunications, automotive, banking, media, energy, leisure, insurance, technology and electronics, transportation, financial services and others.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Cameron S White other: Portfolio Manager Sub-Advisor MACKAY SHIELDS, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Eric Gold other: Portfolio Manager Sub-Advisor C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Shu Yang Tan other: Portfolio Mgr. Sub-Advisor MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, 43RD FL, NEW YORK NY 10105
Matthew Lowry Jacob other: Portfolio Mgr. Sub-Advisor MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, 43RD FL, NEW YORK NY 10105
Joseph Raymond Cantwell other: Portfolio Mgr. Sub-Advisor ALCENTRA NY, LLC, 200 PARK AVENUE, NEW YORK NY 10106
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
David Mcgarel other: Officer - Investment Adviser C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James A Bowen director, officer: President, other: Officer - Investment Adviser C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Louis N. Cohen other: Member of Investment Team MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

First Trust Highome Long/Short Fund (First Trust Highome Long/Short Fund) Headlines

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