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FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) 3-Year Dividend Growth Rate : 0.00% (As of Nov. 2023)


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What is FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND 3-Year Dividend Growth Rate?

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividends per Share for the six months ended in Nov. 2023 was $0.78.

The historical rank and industry rank for FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's 3-Year Dividend Growth Rate or its related term are showing as below:

FTHY's 3-Year Dividend Growth Rate is not ranked *
in the Asset Management industry.
Industry Median: 1.8
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's average Dividends Per Share Growth Rate was -4.30% 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.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.80. As of today, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Yield % is 11.17%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND is 1.35, which seems too high.

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


Competitive Comparison of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's 3-Year Dividend Growth Rate

For the Asset Management subindustry, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM 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.


FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's 3-Year Dividend Growth Rate falls into.



FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM 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.


FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND  (NYSE:FTHY) 3-Year Dividend Growth Rate Explanation

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

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2023 )/ EPS without NRI (Q: Nov. 2023 )
=0.78/ 0.97
=0.80

During the past 3 years, the highest Dividend Payout Ratio of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND was 1.35. The lowest was 0.22. And the median was 0.22.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND is 1.35, which seems too high.

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

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1300002024-06-032024-06-032024-06-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002024-05-012024-05-022024-05-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002024-04-012024-04-022024-04-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002024-03-012024-03-042024-03-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002024-02-012024-02-022024-02-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002024-01-022024-01-032024-01-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-12-012023-12-042023-12-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-11-012023-11-022023-11-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-10-022023-10-032023-10-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-09-012023-09-052023-09-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-08-012023-08-022023-08-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-07-032023-07-052023-07-25Cash 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.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.56/13.97
=11.17 %

Current Share Price is $13.97.
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.56.

During the past 3 years, the highest Dividend Yield of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND was 12.75%. The lowest was 2.28%. And the median was 11.06%.

* 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND 3-Year Dividend Growth Rate Related Terms>


FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND is a diversified, closed-end management investment company. The investment objective of the fund is to provide current income.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James A Bowen director, other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Housey William A Jr other: Officer of Advisor, Port. Mgr. FIRST TRUST ADVISORS L.P., 120 E. LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeffrey M Scott other: Portfolio Manager FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kristi A Maher officer: Asst. Secretary and CCO FIRST TRUST PORTFOLIOS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Orlando Purpura other: Portfolio Manager FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Roger Testin other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
David Mcgarel other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Andy Roggensack other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
W Scott Jardine officer: Secretary, other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 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
First Trust Advisors Lp other: Investment Advisor 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Daniel J Lindquist officer: Vice President C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) Headlines

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