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DVVDF (Dividend Select 15) Net Margin % : 86.52% (As of May. 2024)


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What is Dividend Select 15 Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Dividend Select 15's Net Income for the six months ended in May. 2024 was $2.88 Mil. Dividend Select 15's Revenue for the six months ended in May. 2024 was $3.33 Mil. Therefore, Dividend Select 15's net margin for the quarter that ended in May. 2024 was 86.52%.

The historical rank and industry rank for Dividend Select 15's Net Margin % or its related term are showing as below:

DVVDF' s Net Margin % Range Over the Past 10 Years
Min: 65.33   Med: 96.79   Max: 139.6
Current: 91.56


DVVDF's Net Margin % is ranked better than
53.74% of 1643 companies
in the Asset Management industry
Industry Median: 87.84 vs DVVDF: 91.56

Dividend Select 15 Net Margin % Historical Data

The historical data trend for Dividend Select 15's Net Margin % can be seen below:

* 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.

Dividend Select 15 Net Margin % Chart

Dividend Select 15 Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.34 107.42 97.23 65.31 139.45

Dividend Select 15 Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.52 109.85 129.98 119.66 86.52

Competitive Comparison of Dividend Select 15's Net Margin %

For the Asset Management subindustry, Dividend Select 15's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Dividend Select 15's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend Select 15's Net Margin % distribution charts can be found below:

* The bar in red indicates where Dividend Select 15's Net Margin % falls into.



Dividend Select 15 Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Dividend Select 15's Net Margin for the fiscal year that ended in Nov. 2023 is calculated as

Net Margin=Net Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=-0.905/-0.649
=139.45 %

Dividend Select 15's Net Margin for the quarter that ended in May. 2024 is calculated as

Net Margin=Net Income (Q: May. 2024 )/Revenue (Q: May. 2024 )
=2.883/3.332
=86.52 %

* 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.


Dividend Select 15  (OTCPK:DVVDF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Dividend Select 15 Net Margin % Related Terms

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Dividend Select 15 Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Dividend Select 15 Corp is a mutual fund corporation based in Canada. The company invests in an actively managed portfolio of common shares of core large-capitalization, Canadian companies selected from a portfolio universe of over 20 companies. The company employs an active covered call writing program to enhance the income earned from the portfolio.

Dividend Select 15 Headlines

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