Flaherty & Crumrine Prefd Fund (Flaherty & Crumrine Prefd Fund) Dividend Payout Ratio : 0.50 (As of Nov. 2023)

View and export this data going back to . Start your Free Trial

What is Flaherty & Crumrine Prefd Fund Dividend Payout Ratio?

Flaherty & Crumrine Prefd Fund's dividend payout ratio for the months ended in Nov. 2023 was 0.50.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Flaherty & Crumrine Prefd Inc Fund Inc is 4.31, which seems too high.

The historical rank and industry rank for Flaherty & Crumrine Prefd Fund's Dividend Payout Ratio or its related term are showing as below:

PFD' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.9 Max: 4.31
Current: 4.31

During the past 7 years, the highest Dividend Payout Ratio of Flaherty & Crumrine Prefd Fund was 4.31. The lowest was 0.36. And the median was 0.90.

PFD's Dividend Payout Ratio is ranked worse than
94.84% of 949 companies
in the Asset Management industry
Industry Median: 0.78 vs PFD: 4.31

As of today (2024-06-17), the Dividend Yield % of Flaherty & Crumrine Prefd Fund is 6.47%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Flaherty & Crumrine Prefd Fund was 10.28%. The lowest was 4.65%. And the median was 6.88%.

Flaherty & Crumrine Prefd Fund's Dividends per Share for the months ended in Nov. 2023 was $0.33.

During the past 12 months, Flaherty & Crumrine Prefd Fund's average Dividends Per Share Growth Rate was -22.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.40% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Flaherty & Crumrine Prefd Fund was 2.70% per year. The lowest was -10.70% per year. And the median was -1.30% per year.

The growth rate is calculated with least square regression.

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

Flaherty & Crumrine Prefd Fund Dividend Payout Ratio Historical Data

The historical data trend for Flaherty & Crumrine Prefd Fund'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.

Flaherty & Crumrine Prefd Fund Dividend Payout Ratio Chart

Flaherty & Crumrine Prefd Fund Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.36

0.90

0.93

4.29

Flaherty & Crumrine Prefd Fund Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Dividend Payout Ratio	Get a 7-Day Free Trial								2.51	-	-	-	0.50

Competitive Comparison of Flaherty & Crumrine Prefd Fund's Dividend Payout Ratio

For the Asset Management subindustry, Flaherty & Crumrine Prefd Fund'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.

Flaherty & Crumrine Prefd Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Prefd Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Prefd Fund's Dividend Payout Ratio falls into.

Flaherty & Crumrine Prefd Fund Dividend Payout Ratio Calculation

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

Flaherty & Crumrine Prefd Fund's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Nov. 2023 )	/	EPS without NRI (A: Nov. 2023 )
	=	0.686	/	0.16
	=	4.29

Flaherty & Crumrine Prefd Fund'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 )
	=	0.333	/	0.669
	=	0.50

Flaherty & Crumrine Prefd Fund (NYSE:PFD) 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.

Flaherty & Crumrine Prefd Fund Dividend Payout Ratio Related Terms

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

Flaherty & Crumrine Prefd Fund (Flaherty & Crumrine Prefd Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flaherty & Crumrine Prefd Inc Fund Inc (NYSE:PFD) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101

Website

https://www.preferredincome.com

Flaherty & Crumrine Prefd Inc Fund Inc is a United States-based diversified, closed?end management investment company. Its investment objective is to provide its common shareholders with a high current income consistent with the preservation of capital. The fund invests primarily in a diversified portfolio of preferred securities which includes traditional preferred stocks eligible for the inter-corporate dividends received a deduction and fully taxable preferred securities.

Executives

Robert F Wulf	director	301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Karen Hanovice Hogan	director	301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Chad Conwell	officer: VP & Asst. Compliance Officer	301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger	officer: President	301 E COLORADO BLVD STE 720, PASADENA CA 91101
Donald F Crumrine	director, officer: Chairman of the Board	301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert E Chadwick	officer: CFO, VP, Secretary, Treasurer	301 E COLORADO BLVD STE 720, PASADENA CA 91101
Christopher Douglas Ryan	officer: Vice President	310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Martin Brody	director	C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932
Laurie C Lodolo	officer: Asst CCO, Asst Treas, Asst Sec	301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
David Gale	director	220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Bradford S Stone	officer: Vice President, Asst Treasurer	47 MAPLE ST. SUITE 403, SUMMIT NJ 07901