What is NEW GERMANY FUND Forward Dividend Yield %?
As of today (2024-04-25), the Forward Annual Dividend Yield of NEW GERMANY FUND is 0.83%.
As of today (2024-04-25), the Trailing Annual Dividend Yield of NEW GERMANY FUND is 0.83%.
GF's Forward Dividend Yield % is ranked worse than 95.18% of 1203
companies
in the Asset Management industry
Industry Median: 5.91
vs GF: 0.83
NEW GERMANY FUND's Dividends per Share for the
six
months ended in Dec. 2023 was $0.06.
During the past 12 months, NEW GERMANY FUND's average Dividends Per Share Growth Rate was -90.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 185.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 13.00% per year.
During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of NEW GERMANY FUND was 185.80% per year. The lowest was -79.50% per year. And the median was 63.65% 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 NEW GERMANY FUND's Forward Dividend Yield %
For the Asset Management subindustry, NEW GERMANY 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.
NEW GERMANY FUND's Forward Dividend Yield % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, NEW GERMANY FUND's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where NEW GERMANY FUND's Forward Dividend Yield % falls into.
NEW GERMANY FUND Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
NEW GERMANY FUND Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.057
2023-12-28
2023-12-29
2024-01-26
Cash Dividend
semi-annually
USD:USD 1.000000
USD 0.014
2023-05-12
2023-05-15
2023-05-31
Cash Dividend
semi-annually
USD: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.
NEW GERMANY FUND's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.114
/
8.43
=
1.35 %
Current Share Price is $8.43.
NEW GERMANY FUND's Dividends per Share for the forward twelve months is calculated as $0.057 * 2 = $0.114.
NEW GERMANY FUND's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.071
/
8.43
=
0.84 %
Current Share Price is $8.43.
NEW GERMANY FUND's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.071.
* 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.
NEW GERMANY FUND (NYSE:GF) 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.
NEW GERMANY FUND Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of NEW GERMANY FUND's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
NEW GERMANY FUND (NEW GERMANY FUND) Business Description
NEW GERMANY FUND INC is the United States based non-diversified, closed-end management investment company. As the investment objective, the fund seeks long-term capital appreciation through investment in middle market German equities. The fund's portfolio of investment includes investment in different sectors such as the industrials, information technology, material, consumer discretionary, Communication Services, Financials, Consumer Staples, Real Estate, Utilities, healthcare, Energy and others. Its portfolio is geographically diversified across the Netherlands, Germany, and Italy.
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