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Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) 3-Year Dividend Growth Rate : 1.10% (As of Dec. 2023)


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What is Gabelli Healthcare & WellnessRx Trust 3-Year Dividend Growth Rate?

Gabelli Healthcare & WellnessRx Trust's Dividends per Share for the six months ended in Dec. 2023 was $0.00.

The historical rank and industry rank for Gabelli Healthcare & WellnessRx Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

GRXpB.PFD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.1   Med: 3.6   Max: 64.6
Current: 1.1

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Gabelli Healthcare & WellnessRx Trust was 64.60% per year. The lowest was 1.10% per year. And the median was 3.60% per year.

GRXpB.PFD's 3-Year Dividend Growth Rate is ranked worse than
52.95% of 865 companies
in the Asset Management industry
Industry Median: 1.7 vs GRXpB.PFD: 1.10

During the past 3 years, the average Dividends Per Share Growth Rate was 1.10% per year. During the past 5 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.

Gabelli Healthcare & WellnessRx Trust's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00. As of today, Gabelli Healthcare & WellnessRx Trust's Dividend Yield % is 2.89%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Gabelli Healthcare & WellnessRx Trust is 23.08, which seems too high.

Warning Sign:

Gabelli Healthcare & WellnessRx Trust stock dividend yield is close to 1-year low.

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


Competitive Comparison of Gabelli Healthcare & WellnessRx Trust's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Gabelli Healthcare & WellnessRx Trust'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.


Gabelli Healthcare & WellnessRx Trust's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Healthcare & WellnessRx Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Gabelli Healthcare & WellnessRx Trust's 3-Year Dividend Growth Rate falls into.



Gabelli Healthcare & WellnessRx Trust 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.


Gabelli Healthcare & WellnessRx Trust  (NYSE:GRXpB.PFD) 3-Year Dividend Growth Rate Explanation

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

Gabelli Healthcare & WellnessRx Trust'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/ 0
=N/A

During the past 7 years, the highest Dividend Payout Ratio of Gabelli Healthcare & WellnessRx Trust was 7.50. The lowest was 0.08. And the median was 0.24.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Gabelli Healthcare & WellnessRx Trust is 23.08, which seems too high.

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

During the past 7 years, the highest Dividend Yield of Gabelli Healthcare & WellnessRx Trust was 7.75%. The lowest was 1.17%. And the median was 5.00%.

Warning Sign:

Gabelli Healthcare & WellnessRx Trust stock dividend yield is close to 1-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.


Gabelli Healthcare & WellnessRx Trust 3-Year Dividend Growth Rate Related Terms>


Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Healthcare & WellnessRx Trust operates as a diversified closed-end management investment company. The investment objective of the fund is the long-term growth of capital. The fund invests at least 80% of its assets in equity securities and income-producing securities of domestic & foreign companies in the healthcare and wellness industries. It invests in various sectors, of which Health Care Providers & Services, Food, Health Care Equipment and Supplies, and Pharmaceuticals account for the majority of the weightage.

Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Headlines

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