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Western Asset Global High Fd (Western Asset Global High Fd) 5-Year Dividend Growth Rate

: 1.50% (As of Nov. 2023)
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Western Asset Global High Fd's Dividends per Share for the six months ended in Nov. 2023 was $0.40.

During the past 3 years, the average Dividends Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.50% 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.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Asset Global High Fd was 2.90% per year. The lowest was 0.90% per year. And the median was 1.50% per year.

Western Asset Global High Fd's Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.94. As of today, Western Asset Global High Fd's Dividend Yield % is 11.88%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Asset Global High Inc Fd Inc is 4.02, which seems too high.

Good Sign:

Western Asset Global High Inc Fd Inc stock dividend yield is close to 10-year high.

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


Competitive Comparison

For the Asset Management subindustry, Western Asset Global High Fd's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


Western Asset Global High Fd 5-Year Dividend Growth Rate Distribution

For the Asset Management industry and Financial Services sector, Western Asset Global High Fd's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Western Asset Global High Fd's 5-Year Dividend Growth Rate falls into.



Western Asset Global High Fd 5-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 least square regression.

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.


Western Asset Global High Fd  (NYSE:EHI) 5-Year Dividend Growth Rate Explanation

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

Western Asset Global High Fd'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 )
=0.402/ 0.43
=0.93

During the past 6 years, the highest Dividend Payout Ratio of Western Asset Global High Fd was 19.23. The lowest was 0.48. And the median was 1.08.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Asset Global High Inc Fd Inc is 4.02, which seems too high.

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

Western Asset Global High Fd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0702024-03-202024-03-212024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0672024-02-212024-02-222024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0672024-01-232024-01-242024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0672023-12-202023-12-212023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0672023-11-212023-11-222023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0672023-10-232023-10-242023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0672023-09-212023-09-222023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0672023-08-232023-08-242023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0672023-07-212023-07-242023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0672023-06-222023-06-232023-07-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0672023-05-222023-05-232023-06-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0672023-04-202023-04-212023-05-01Cash 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.

Western Asset Global High Fd's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.807/6.80
=11.87 %

Current Share Price is $6.80.
Western Asset Global High Fd's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.807.

During the past 6 years, the highest Dividend Yield of Western Asset Global High Fd was 13.22%. The lowest was 7.06%. And the median was 8.41%.

Good Sign:

Western Asset Global High Inc Fd Inc stock dividend yield is close to 10-year high.

* 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.


Western Asset Global High Fd 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Western Asset Global High Fd's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Global High Fd (Western Asset Global High Fd) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Global High Inc Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is high current income and total return by investing in a global portfolio of securities. The fund invests in various sectors such as Consumer Discretionary, Energy, Healthcare, Industrials, materials, and others.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
William R Hutchinson director 535 N MICHIGAN STE 1012, CHICAGO IL 60611
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103