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Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Dividend Payout Ratio : 0.58 (As of Dec. 2023)


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What is Gabelli Dividend &ome Trust Dividend Payout Ratio?

Gabelli Dividend &ome Trust's dividend payout ratio for the months ended in Dec. 2023 was 0.58.

The historical rank and industry rank for Gabelli Dividend &ome Trust's Dividend Payout Ratio or its related term are showing as below:

GDV' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.34   Max: 0.59
Current: 0.46


During the past 7 years, the highest Dividend Payout Ratio of Gabelli Dividend &ome Trust was 0.59. The lowest was 0.21. And the median was 0.34.

GDV's Dividend Payout Ratio is ranked better than
74.1% of 942 companies
in the Asset Management industry
Industry Median: 0.79 vs GDV: 0.46

As of today (2024-06-08), the Dividend Yield % of Gabelli Dividend &ome Trust is 5.77%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Gabelli Dividend &ome Trust was 11.05%. The lowest was 4.82%. And the median was 6.16%.

Gabelli Dividend &ome Trust's Dividends per Share for the months ended in Dec. 2023 was $0.66.

During the past 5 years, the average Dividends Per Share Growth Rate was 0.10% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Gabelli Dividend &ome Trust was 0.10% per year. The lowest was 0.10% per year. And the median was 0.10% per year.

The growth rate is calculated with least square regression.

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


Gabelli Dividend &ome Trust Dividend Payout Ratio Historical Data

The historical data trend for Gabelli Dividend &ome Trust's Dividend Payout Ratio 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.

Gabelli Dividend &ome Trust Dividend Payout Ratio Chart

Gabelli Dividend &ome Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.24 0.59 0.21 - 0.45

Gabelli Dividend &ome Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 - 0.46 0.38 0.58

Competitive Comparison of Gabelli Dividend &ome Trust's Dividend Payout Ratio

For the Asset Management subindustry, Gabelli Dividend &ome Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend &ome Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Dividend &ome Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Gabelli Dividend &ome Trust's Dividend Payout Ratio falls into.



Gabelli Dividend &ome Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Gabelli Dividend &ome Trust's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1.32/ 2.91
=0.45

Gabelli Dividend &ome 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 )
=0.66/ 1.145
=0.58

* 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 Dividend &ome Trust (NYSE:GDV) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Gabelli Dividend &ome Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Gabelli Dividend &ome Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Dividend & Income Trust operates as a diversified closed-end management investment company. The fund's investment objective is to provide a high level of total return on its assets with an emphasis on dividends and income. To achieve its objective, the fund may invest 80% of its assets in dividend-paying securities or other income-producing securities. The fund invests in various sectors, in which Financial Services, Food & Beverage, Health Care, Consumer Products, Electronics and Computer Software & Services accounts for the majority weightage.
Executives
Mario J Gabelli director, officer: Chief Financial Officer 191 MASON STREET, GREENWICH CT 06830
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Christina A. Peeney director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Group Ag Ubs 10 percent owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Elizabeth C Bogan director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Salvatore M Salibello director ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Susan Virginia Watson director C/O INTERPUBLIC GROUP OF COMPANIES, 1271 AVE OF AMERICAS 44TH FLOOR, NEW YORK NY 10019
James P Conn director
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255

Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Headlines

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