GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Global Utility & Income Trust (AMEX:GLU) » Definitions » Dividend Payout Ratio

Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Gabelli Global Utility &ome Trust Dividend Payout Ratio?

Gabelli Global Utility &ome Trust's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Gabelli Global Utility & Income Trust is 3.10, which seems too high.

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

GLU' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.58   Max: 3.1
Current: 3.1


During the past 13 years, the highest Dividend Payout Ratio of Gabelli Global Utility &ome Trust was 3.10. The lowest was 0.26. And the median was 0.58.

GLU's Dividend Payout Ratio is ranked worse than
90.73% of 939 companies
in the Asset Management industry
Industry Median: 0.82 vs GLU: 3.10

As of today (2024-04-26), the Dividend Yield % of Gabelli Global Utility &ome Trust is 8.45%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Gabelli Global Utility &ome Trust was 11.01%. The lowest was 5.15%. And the median was 6.42%.

Gabelli Global Utility &ome Trust's Dividends per Share for the months ended in Dec. 2023 was $0.60.

During the past 10 years, the average Dividends Per Share Growth Rate was 0.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gabelli Global Utility &ome Trust was 24.40% per year. The lowest was -2.90% per year. And the median was 2.90% per year.

The growth rate is calculated with least square regression.

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


Gabelli Global Utility &ome Trust Dividend Payout Ratio Historical Data

The historical data trend for Gabelli Global Utility &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 Global Utility &ome Trust Dividend Payout Ratio Chart

Gabelli Global Utility &ome Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 1.67 0.37 - 1.94

Gabelli Global Utility &ome Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 - - 1.13 -

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

For the Asset Management subindustry, Gabelli Global Utility &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 Global Utility &ome Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

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

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



Gabelli Global Utility &ome Trust Dividend Payout Ratio Calculation

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

Gabelli Global Utility &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 )
=1.2/ 0.62
=1.94

Gabelli Global Utility &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 )
=0.6/ -0.143
=N/A

* 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 Global Utility &ome Trust (AMEX:GLU) 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 Global Utility &ome Trust Dividend Payout Ratio Related Terms

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


Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Global Utility & Income Trust is a non-diversified, closed-end management investment company. The Fund's objective is to seek a consistent level of after-tax total return. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.
Executives
Mario J Gabelli officer: Chairman and CIO 191 MASON STREET, GREENWICH CT 06830
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Urso Mario D director 65 EATON SQUARE, LONDON SW UK X0 041101225
Anthony J Colavita director ONE CORPORATE CENTER, RYE NY 10580
Salvatore M Salibello director ONE CORPORATE CENTER, RYE NY 10580
James E Mckee officer: Secretary C/O GABELLI ASSET MANAGEMENT INC, ONE CORPORATE CENTER, RYE NY 16580
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
Karl Otto Pohl director ONE CORPORATE CENTER, RYE NY 10580

Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Headlines