Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Dividend Payout Ratio : 4.65 (As of Oct. 2023)

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

What is Saba Capitalome & Opportunities Fund Dividend Payout Ratio?

Saba Capitalome & Opportunities Fund's dividend payout ratio for the months ended in Oct. 2023 was 4.65.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Saba Capital Income & Opportunities Fund is 1.44, which seems too high.

The historical rank and industry rank for Saba Capitalome & Opportunities Fund's Dividend Payout Ratio or its related term are showing as below:

BRW' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.44 Med: 1.8 Max: 4.32
Current: 1.44

During the past 6 years, the highest Dividend Payout Ratio of Saba Capitalome & Opportunities Fund was 4.32. The lowest was 1.44. And the median was 1.80.

BRW's Dividend Payout Ratio is ranked worse than
77.61% of 938 companies
in the Asset Management industry
Industry Median: 0.82 vs BRW: 1.44

As of today (2024-04-28), the Dividend Yield % of Saba Capitalome & Opportunities Fund is 14.36%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Saba Capitalome & Opportunities Fund was 14.56%. The lowest was 3.67%. And the median was 6.27%.

Saba Capitalome & Opportunities Fund's Dividends per Share for the months ended in Oct. 2023 was $0.51.

During the past 12 months, Saba Capitalome & Opportunities Fund's average Dividends Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.30% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Saba Capitalome & Opportunities Fund was 19.70% per year. The lowest was -15.30% per year. And the median was 19.60% per year.

The growth rate is calculated with least square regression.

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

Saba Capitalome & Opportunities Fund Dividend Payout Ratio Historical Data

The historical data trend for Saba Capitalome & Opportunities 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.

Saba Capitalome & Opportunities Fund Dividend Payout Ratio Chart

Saba Capitalome & Opportunities Fund Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Oct22

Oct23

Dividend Payout Ratio

Get a 7-Day Free Trial

2.01

4.32

1.44

Saba Capitalome & Opportunities Fund Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Apr22	Oct22	Apr23	Oct23
Dividend Payout Ratio	Get a 7-Day Free Trial								6.18	-	-	0.86	4.65

Competitive Comparison of Saba Capitalome & Opportunities Fund's Dividend Payout Ratio

For the Asset Management subindustry, Saba Capitalome & Opportunities 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.

Saba Capitalome & Opportunities Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Saba Capitalome & Opportunities Fund's Dividend Payout Ratio falls into.

Saba Capitalome & Opportunities Fund Dividend Payout Ratio Calculation

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

Saba Capitalome & Opportunities Fund's Dividend Payout Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2023 )	/	EPS without NRI (A: Oct. 2023 )
	=	1.038	/	0.72
	=	1.44

Saba Capitalome & Opportunities Fund's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Oct. 2023 )	/	EPS without NRI (Q: Oct. 2023 )
	=	0.511	/	0.11
	=	4.65

Saba Capitalome & Opportunities Fund (NYSE:BRW) 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.

Saba Capitalome & Opportunities Fund Dividend Payout Ratio Related Terms

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

Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Saba Capital Income & Opportunities Fund (NYSE:BRW) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 Lexington Avenue, 58th Floor, New York, NY, USA, 10174

Website

https://www.sabacef.com

Saba Capital Income & Opportunities Fund t is a diversified, closed-end management investment company. It seeks to provide investors with a high level of current income, with a secondary goal of capital appreciation. It invests globally in debt and equity securities of public and private companies, which includes, investing in closed-end funds, public and private debt instruments, and other securities.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Troy M Statczar	officer: Principle Financial Officer	3 CANAL PLAZA, PORTLAND ME 04101
Nitin Sapru	officer: Vice President	405 LEXINGTON AVE, 58TH FLOOR, NEW YORK NY 10174
Michael D'angelo	officer: Secretary	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Patrick J Keniston	officer: Chief Compliance Officer	FORESIDE COMPLIANCE SERVICES, LLC, THREE CANAL PLAZA, SUITE 100, PORTLAND ME 04101
Pierre Weinstein	officer: Chief Executive Officer	C/O SABA CAPITAL MANAGEMENT L.P., 405 LEXINGTON AVENUE, 5TH FLOOR, NEW YORK NY 10174
Christopher P Sullivan	other: Former Trustee	27 LEE TERRACE, SHORT HILLS NJ 07078
Thomas Bumbolow	director	C/O VOYA PRIME RATE TRUST, 7337 EAST DOUBLETREE RANCH RD., STE 100, SCOTTSDALE AZ 85258
Neal Neilinger	director	126 CLAPBOARD RIDGE ROAD, GREENWICH CT 06830
Charles I Clarvit	director	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kieran Goodwin	director	925 PARK AVENUE 11B, NEW YORK NY 10028
Ketu Desai	director	999 RIVERVIEW DR, SUITE 201, TOTOWA NJ 07512
Karen Caldwell	director	10125 SOUTH BELL AVENUE, CHICAGO IL 60643
Aditya Bindal	director	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Andrew Kellerman	director	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174