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First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) 3-Year Dividend Growth Rate : -11.10% (As of Dec. 2023)


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What is First Trust/aberdeen Global Oppoome 3-Year Dividend Growth Rate?

First Trust/aberdeen Global Oppoome's Dividends per Share for the six months ended in Dec. 2023 was $0.36.

The historical rank and industry rank for First Trust/aberdeen Global Oppoome's 3-Year Dividend Growth Rate or its related term are showing as below:

FAM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -11.1   Med: -3.65   Max: 2.6
Current: -11.1

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of First Trust/aberdeen Global Oppoome was 2.60% per year. The lowest was -11.10% per year. And the median was -3.65% per year.

FAM's 3-Year Dividend Growth Rate is ranked worse than
86.57% of 864 companies
in the Asset Management industry
Industry Median: 1.85 vs FAM: -11.10

During the past 12 months, First Trust/aberdeen Global Oppoome's average Dividends Per Share Growth Rate was 3.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -11.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.10% 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/aberdeen Global Oppoome's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.81. As of today, First Trust/aberdeen Global Oppoome's Dividend Yield % is 11.20%.

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/aberdeen Global Oppo Income is 0.75, which seems too high.

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


Competitive Comparison of First Trust/aberdeen Global Oppoome's 3-Year Dividend Growth Rate

For the Asset Management subindustry, First Trust/aberdeen Global Oppoome'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/aberdeen Global Oppoome's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust/aberdeen Global Oppoome's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where First Trust/aberdeen Global Oppoome's 3-Year Dividend Growth Rate falls into.



First Trust/aberdeen Global Oppoome 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/aberdeen Global Oppoome  (NYSE:FAM) 3-Year Dividend Growth Rate Explanation

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

First Trust/aberdeen Global Oppoome's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.36/ 0.447
=0.81

During the past 7 years, the highest Dividend Payout Ratio of First Trust/aberdeen Global Oppoome was 2.46. The lowest was 0.51. And the median was 0.64.

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/aberdeen Global Oppo Income is 0.75, 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/aberdeen Global Oppoome Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0600002024-05-012024-05-022024-05-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002024-04-012024-04-022024-04-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002024-03-012024-03-042024-03-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002024-02-012024-02-022024-02-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002024-01-022024-01-032024-01-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-12-012023-12-042023-12-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-11-012023-11-022023-11-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-10-022023-10-032023-10-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-09-012023-09-052023-09-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-08-012023-08-022023-08-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-07-032023-07-052023-07-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-06-012023-06-022023-06-15Cash 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/aberdeen Global Oppoome's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.72/6.44
=11.18 %

Current Share Price is $6.44.
First Trust/aberdeen Global Oppoome's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.72.

During the past 7 years, the highest Dividend Yield of First Trust/aberdeen Global Oppoome was 17.77%. The lowest was 7.61%. And the median was 9.52%.

* 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/aberdeen Global Oppoome 3-Year Dividend Growth Rate Related Terms>


First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust/aberdeen Global Oppo Income is a United States-based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income while its secondary objective is to seek capital appreciation. The fund seeks to achieve these objectives by investing its managed assets in the world bond markets through a diversified portfolio of investment-grade and below-investment-grade government and corporate debt securities.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jaclyn Marie Matsick other: Director-Investment Advisor C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze director C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST 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
Kelly Catherine Dehler other: Officer-Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
George W Karpus other: See Explanation of Responses
Scott Michael Friske other: Officer-Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Mickey Janvier other: Director of Sub-Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor other: Director of Sub-Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Joseph Andolina other: Officer-Investment Sub-Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Chris Demetriou other: Officer-Invest. Sub-Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Robert F Keith director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Ralph Bassett other: Officer-Investment Sub-Advisor 1735 MARKET ST., 32ND FLOOR, PHILADELPHIA PA 19103

First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) Headlines

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