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Goldmanchs MLP and Energy Renaissance Fund (Goldmanchs MLP and Energy Renaissance Fund) Forward Dividend Yield % : 6.13% (As of Apr. 25, 2024)


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What is Goldmanchs MLP and Energy Renaissance Fund Forward Dividend Yield %?

As of today (2024-04-25), the Forward Annual Dividend Yield of Goldmanchs MLP and Energy Renaissance Fund is 6.13%.

As of today (2024-04-25), the Trailing Annual Dividend Yield of Goldmanchs MLP and Energy Renaissance Fund is 5.33%.

GER's Forward Dividend Yield % is not ranked
in the Asset Management industry.
Industry Median: 5.9 vs GER: 6.13

Goldmanchs MLP and Energy Renaissance Fund's Dividends per Share for the six months ended in Nov. 2022 was $0.38.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Goldmanchs MLP and Energy Renaissance Fund's Forward Dividend Yield %

For the Asset Management subindustry, Goldmanchs MLP and Energy Renaissance 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.


Goldmanchs MLP and Energy Renaissance Fund's Forward Dividend Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where Goldmanchs MLP and Energy Renaissance Fund's Forward Dividend Yield % falls into.



Goldmanchs MLP and Energy Renaissance Fund Forward Dividend Yield % Calculation

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

Goldmanchs MLP and Energy Renaissance Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2402023-05-222023-05-232023-05-31Cash 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.

Goldmanchs MLP and Energy Renaissance Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.96/15.67
=6.13 %

Current Share Price is $15.67.
Goldmanchs MLP and Energy Renaissance Fund's Dividends per Share for the forward twelve months is calculated as $0.24 * 4 = $0.96.

Goldmanchs MLP and Energy Renaissance Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.24/15.67
=1.53 %

Current Share Price is $15.67.
Goldmanchs MLP and Energy Renaissance Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.24.

* 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.


Goldmanchs MLP and Energy Renaissance Fund  (NYSE:GER) 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.


Goldmanchs MLP and Energy Renaissance Fund Forward Dividend Yield % Related Terms

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Goldmanchs MLP and Energy Renaissance Fund (Goldmanchs MLP and Energy Renaissance Fund) Business Description

Traded in Other Exchanges
N/A
Address
200 West Street, New York, NY, USA, 10282
Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-ended management investment company. Its investment objective is to seek a high level of total return with an emphasis on current distributions to shareholders. It invests primarily in the master limited partnership (MLP) and other energy investments.
Executives
Linda Lang director C/O JACK IN THE BOX INC, 9330 BALVOA AVE, SAN DIEGO CA 92123
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
Akif Irfan other: Portfolio Manager 200 WEST STREET, NEW YORK NY 10282
Matthew Cooper other: Portfolio Manager 200 WEST STREET, NEW YORK NY 10282
Kyri Loupis other: Portfolio Manager C/O JULIEN YOO, GOLDMAN SACHS, 200 WEST STREET, NEW YORK NY 10282
John F Killian director 140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Lawrence Hughes director ONE BOSTON PLACE, BOSTON MA 02108-4407
Steven D Krichmar director C/O PUTNAM LLC, ONE POST OFFICE SQUARE, BOSTON MA 02109
Cheryl K Beebe director CORN PRODUCTS INTERNATIONAL INC, 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Lawrence W Stranghoener director 2035 KIMBERLY COURT, PLYMOUTH MN 55447
Ganesh Jois other: Portfolio Manager 200 WEST STREET, NEW YORK NY 10282
Joseph F Dimaria officer: Principal Accounting Officer C/O BANK OF AMERICA INVESTMETN ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Ashok N Bakhru director C/O GOLDMAN SACHS HEDGE FUND STRATEGIES, 32 OLD SLIP, 9TH FLOOR, NEW YORK NY 10005
Caroline Dorsa director BIOGEN INC., 225 BINNEY ST., CAMBRIDGE MA 02142

Goldmanchs MLP and Energy Renaissance Fund (Goldmanchs MLP and Energy Renaissance Fund) Headlines

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