GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allspring Income Opportunities Fund (AMEX:EAD) » Definitions » 3-Year Dividend Growth Rate

Allspringome Opportunities Fund (Allspringome Opportunities Fund) 3-Year Dividend Growth Rate : -2.90% (As of Oct. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Allspringome Opportunities Fund 3-Year Dividend Growth Rate?

Allspringome Opportunities Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.29.

The historical rank and industry rank for Allspringome Opportunities Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

EAD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -7.2   Med: -3.5   Max: 1.5
Current: -2.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Allspringome Opportunities Fund was 1.50% per year. The lowest was -7.20% per year. And the median was -3.50% per year.

EAD's 3-Year Dividend Growth Rate is ranked worse than
65.48% of 869 companies
in the Asset Management industry
Industry Median: 1.7 vs EAD: -2.90

During the past 12 months, Allspringome Opportunities Fund's average Dividends Per Share Growth Rate was -16.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Allspringome Opportunities Fund's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00. As of today, Allspringome Opportunities Fund's Dividend Yield % is 9.12%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Allspring Income Opportunities Fund is 2.21, which seems too high.

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


Competitive Comparison of Allspringome Opportunities Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Allspringome Opportunities Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Allspringome Opportunities Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspringome Opportunities Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Allspringome Opportunities Fund's 3-Year Dividend Growth Rate falls into.



Allspringome Opportunities Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Allspringome Opportunities Fund  (AMEX:EAD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Allspringome Opportunities Fund's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0.287/ -0.09
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Allspringome Opportunities Fund was 2.21. The lowest was 0.30. And the median was 1.23.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Allspring Income Opportunities Fund is 2.21, which seems too high.

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

Allspringome Opportunities Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0517402024-04-112024-04-122024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0517102024-03-112024-03-122024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0517002024-02-122024-02-132024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0516502024-01-122024-01-162024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0517302023-12-112023-12-122024-01-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0473802023-11-132023-11-142023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0474402023-10-122023-10-132023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0476902023-09-112023-09-122023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0477602023-08-112023-08-142023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0479502023-07-132023-07-142023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0483402023-06-122023-06-132023-07-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0489302023-05-112023-05-122023-06-01Cash DividendmonthlyUSD: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.

Allspringome Opportunities Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.59402/6.51
=9.12 %

Current Share Price is $6.51.
Allspringome Opportunities Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.59402.

During the past 13 years, the highest Dividend Yield of Allspringome Opportunities Fund was 12.62%. The lowest was 7.40%. And the median was 9.49%.

* 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.


Allspringome Opportunities Fund 3-Year Dividend Growth Rate Related Terms>


Allspringome Opportunities Fund (Allspringome Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
1415 Vantage Park Drive, 3rd Floor, San Francisco, CA, USA, 28203
Allspring Income Opportunities Fund is a diversified closed-end management investment company. Its products and services are mutual funds, closed-end funds, managed accounts services and variable trust funds. The fund's objective is a high level of current income and capital appreciation. Its portfolio of investments includes oil gas and consumable fuels, Chemicals, distributors, diversified consumer services, hotels, restaurants and leisure, household durables, media, specialty retail, pharmaceuticals, airlines, construction, and engineering.
Executives
Jennifer Lea Grunberg officer: Chief Compliance Officer 350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Paul Werner Felsch officer: Chief Compliance Officer 100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman director ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse officer: Secretary WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Christopher M Lee other: Portfolio Manager WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Michael Joseph Schueller other: Portfolio Manager 100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Daniel J. Mavico officer: Chief Compliance Officer 401 S TRYON STREET, FLOOR 2, CHARLOTTE NC 28202-1911
Kevin T. Roskopf other: Share Repurchase Committee Mem WELLS FARGO ASSET MANAGEMENT, 100 HERITAGE RESERVE, 1ST FLOOR, MENOMONEE FALLS WI 53051-4400
Michelle H. Rhee officer: Secretary, WFFM WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, FLOOR 21, BOSTON MA 02116
Alexander Kymn officer: Chief Legal Officer WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Pamela Wheelock director 1843 HIGHLAND PARKWAY, SAINT PAUL MN 55116
James Polisson director 123 MCALLISTER AVENUE, KENTFIELD CA 94904

Allspringome Opportunities Fund (Allspringome Opportunities Fund) Headlines

From GuruFocus

Allspring Closed-End Funds Declare Monthly Distributions

By PRNewswire PRNewswire 07-04-2022

Allspring Closed-End Funds Declare Monthly Distributions

By PRNewswire PRNewswire 03-31-2023

Allspring Closed-End Funds Declare Monthly Distributions

By PRNewswire PRNewswire 10-28-2022

Allspring Closed-End Funds Declare Monthly Distributions

By PRNewswire PRNewswire 07-14-2022

Allspring Closed-End Funds Declare Monthly Distributions

By PRNewswire PRNewswire 04-28-2023

Allspring Closed-End Funds Declare Monthly Distributions

By PRNewswire PRNewswire 12-30-2022