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.
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.
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.
For more information regarding to dividend, please check our Dividend Page.
Gabelli Healthcare & WellnessRx Trust Dividends per Share Historical Data
* 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.
* Premium members only.
Gabelli Healthcare & WellnessRx Trust Dividends per Share Chart
Competitive Comparison of Gabelli Healthcare & WellnessRx Trust's Dividends per Share
For the Asset Management subindustry, Gabelli Healthcare & WellnessRx Trust's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Gabelli Healthcare & WellnessRx Trust's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Gabelli Healthcare & WellnessRx Trust's Dividend Yield % falls into.
Gabelli Healthcare & WellnessRx Trust Dividends per Share Calculation
Dividends paid to per common share.
Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) Dividends per Share 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
During the past 7 years, the highest Dividend Payout Ratio of Gabelli Healthcare & WellnessRx Trust was 23.08. 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.
Gabelli Healthcare & WellnessRx Trust Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.150000
2024-03-13
2024-03-14
2024-03-21
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150000
2023-12-14
2023-12-15
2023-12-22
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150000
2023-09-14
2023-09-15
2023-09-22
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150000
2023-06-14
2023-06-15
2023-06-23
Cash Dividend
quarterly
USD: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.
Gabelli Healthcare & WellnessRx Trust's Dividend Yield (%) for Today is calculated as
Current Share Price is $9.41.
Gabelli Healthcare & WellnessRx Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.6.
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 Dividends per Share Related Terms
Thank you for viewing the detailed overview of Gabelli Healthcare & WellnessRx Trust's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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