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Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) 3-Year Dividend Growth Rate : -13.70% (As of Sep. 2023)


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What is Ellsworth Growth andome Fund 3-Year Dividend Growth Rate?

Ellsworth Growth andome Fund's Dividends per Share for the six months ended in Sep. 2023 was $0.26.

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

ECF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -13.7   Med: 13.2   Max: 45.2
Current: -13.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ellsworth Growth andome Fund was 45.20% per year. The lowest was -13.70% per year. And the median was 13.20% per year.

ECF's 3-Year Dividend Growth Rate is ranked worse than
91.55% of 864 companies
in the Asset Management industry
Industry Median: 1.7 vs ECF: -13.70

During the past 12 months, Ellsworth Growth andome Fund's average Dividends Per Share Growth Rate was -65.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -13.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.50% 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.

Ellsworth Growth andome Fund's Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.00. As of today, Ellsworth Growth andome Fund's Dividend Yield % is 6.73%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ellsworth Growth and Income Fund Ltd is 1.42, which seems too high.

Warning Sign:

Ellsworth Growth and Income Fund Ltd stock dividend yield is close to 2-year low.

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


Competitive Comparison of Ellsworth Growth andome Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Ellsworth Growth andome 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.


Ellsworth Growth andome Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

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

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



Ellsworth Growth andome 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.


Ellsworth Growth andome Fund  (AMEX:ECF) 3-Year Dividend Growth Rate Explanation

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

Ellsworth Growth andome Fund's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.26/ -0.353
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Ellsworth Growth andome Fund was 1.42. The lowest was 0.26. And the median was 0.37.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ellsworth Growth and Income Fund Ltd is 1.42, which seems too high.

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

Ellsworth Growth andome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1302024-03-132024-03-142024-03-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.1302023-11-212023-11-222023-12-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.1302023-09-142023-09-152023-09-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1302023-06-142023-06-152023-06-23Cash 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.

Ellsworth Growth andome Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.52/7.75
=6.71 %

Current Share Price is $7.75.
Ellsworth Growth andome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.52.

During the past 13 years, the highest Dividend Yield of Ellsworth Growth andome Fund was 18.99%. The lowest was 2.62%. And the median was 4.83%.

Warning Sign:

Ellsworth Growth and Income Fund Ltd stock dividend yield is close to 2-year low.

* 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.


Ellsworth Growth andome Fund 3-Year Dividend Growth Rate Related Terms>


Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Ellsworth Growth and Income Fund Ltd operate as a closed-end, diversified management investment company. Its investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests. The company invests in convertible and equity securities. It invests in various sectors, such as healthcare, financial services, computer software and services, energy and utilities, real estate investment trusts, semiconductors, telecommunications, business services, food and beverage, consumer products, transportation, consumer services among others.
Executives
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
James Andrew Dinsmore officer: Vice President C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Kinchen C Bizzell director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
James P Conn director
Gary I Levine other: former Exec. VP and CFO C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Nicolas W Platt director C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVENUE, MORRISTOWN NJ 07960
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Mario J Gabelli director, other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Davis Dinsmore Management Co/nj other: Investment Adviser 65 MADISON AVE, SUITE 550, MORRISTOWN NJ 07960
Thomas H Dinsmore director, officer: Chairman of the Board C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960

Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Headlines