Gabelli Equity Trust (Gabelli Equity Trust) Total Payout Ratio : 0.46 (As of Apr. 30, 2024)

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What is Gabelli Equity Trust Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Gabelli Equity Trust's current Total Payout Ratio is 0.46.

Gabelli Equity Trust Total Payout Ratio Historical Data

The historical data trend for Gabelli Equity Trust's Total Payout Ratio can be seen below:

* 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.

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Gabelli Equity Trust Total Payout Ratio Chart

Gabelli Equity Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Payout Ratio

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0.02

-0.69

0.71

Gabelli Equity Trust Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Payout Ratio	Get a 7-Day Free Trial									-	-0.21	0.43	0.49	-

Competitive Comparison of Gabelli Equity Trust's Total Payout Ratio

For the Asset Management subindustry, Gabelli Equity Trust's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio 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.

Gabelli Equity Trust's Total Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Equity Trust's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Gabelli Equity Trust's Total Payout Ratio falls into.

Gabelli Equity Trust Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Gabelli Equity Trust's Total Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	-149.48)	/	210.196
	=	0.71

Gabelli Equity Trust's Total Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	0)	/	0
	=	N/A

Gabelli Equity Trust Total Payout Ratio Related Terms

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Gabelli Equity Trust (Gabelli Equity Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Equity Trust Inc (NYSE:GABpG.PFD) » Definitions » Total Payout Ratio

Comparable Companies

Traded in Other Exchanges

GABpK.PFD:USA GABpH.PFD:USA GAB:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Equity Trust Inc is a non-diversified closed-end management investment company. Its primary investment objective is long-term growth of capital with income as a secondary objective. The Fund invests at least 80% of its assets in equity securities under normal market conditions. Its equity portfolio includes common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities selected by the Investment Adviser. The company invests in various sectors, of which Food & Beverage, Financial Services, Equipment and Supplies, Entertainment, Consumer Products, Health Care, Diversified Industrial, Business Services, and Consumer Services accounts for the majority weightage.