DTFTax-Freeome (DTFTax-Freeome) Dividend Payout Ratio : 0.00 (As of Oct. 2023)

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What is DTFTax-Freeome Dividend Payout Ratio?

DTFTax-Freeome's dividend payout ratio for the months ended in Oct. 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 DTFTax-Free Income Inc is 0.90, which seems too high.

The historical rank and industry rank for DTFTax-Freeome's Dividend Payout Ratio or its related term are showing as below:

DTF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.92 Max: 6.01
Current: 0.9

During the past 7 years, the highest Dividend Payout Ratio of DTFTax-Freeome was 6.01. The lowest was 0.26. And the median was 0.92.

DTF's Dividend Payout Ratio is ranked worse than
54.95% of 939 companies
in the Asset Management industry
Industry Median: 0.83 vs DTF: 0.90

As of today (2024-04-30), the Dividend Yield % of DTFTax-Freeome is 3.60%.

During the past 7 years, the highest Trailing Annual Dividend Yield of DTFTax-Freeome was 6.33%. The lowest was 2.84%. And the median was 3.60%.

DTFTax-Freeome's Dividends per Share for the months ended in Oct. 2023 was $0.20.

During the past 3 years, the average Dividends Per Share Growth Rate was -6.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.90% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of DTFTax-Freeome was -3.60% per year. The lowest was -15.00% per year. And the median was -6.45% per year.

The growth rate is calculated with least square regression.

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

DTFTax-Freeome Dividend Payout Ratio Historical Data

The historical data trend for DTFTax-Freeome'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.

DTFTax-Freeome Dividend Payout Ratio Chart

DTFTax-Freeome Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.26

0.92

1.09

0.89

DTFTax-Freeome Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Dividend Payout Ratio	Get a 7-Day Free Trial								-	-	-	0.24	-

Competitive Comparison of DTFTax-Freeome's Dividend Payout Ratio

For the Asset Management subindustry, DTFTax-Freeome'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.

DTFTax-Freeome's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DTFTax-Freeome's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where DTFTax-Freeome's Dividend Payout Ratio falls into.

DTFTax-Freeome Dividend Payout Ratio Calculation

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

DTFTax-Freeome'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 )
	=	0.39	/	0.44
	=	0.89

DTFTax-Freeome'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 )
	=	0.195	/	-0.385
	=	N/A

DTFTax-Freeome (NYSE:DTF) 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.

DTFTax-Freeome Dividend Payout Ratio Related Terms

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

DTFTax-Freeome (DTFTax-Freeome) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DTFTax-Free Income Inc (NYSE:DTF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 South Wacker Drive, Suite 1900, Chicago, IL, USA, 60606

Website

https://www.dpimc.com

DTFTax-Free Income Inc is a diversified, closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax consistent with preservation of capital. The fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations.

Executives

Grumhaus David D Jr.	other: Officer of Investment Adviser	200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Mareile B. Cusack	director	DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Timothy P. Riordan	officer: Vice President	DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Kathleen Hegyi	officer: CCO	C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 SOUTH WACKER DRIVE, CHICAGO IL 60606
Dusty L. Self	officer: Vice President	VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Ronald H. Schwartz	officer: Vice President	VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Wells Fargo & Company/mn	10 percent owner	420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Jpmorgan Chase Bank, N.a.	10 percent owner	1111 POLARIS PARKWAY, COLUMBUS OH 43240
George W Karpus	other: See Explanation of Responses
Karpus Management, Inc.	10 percent owner	183 SULLY'S TRAIL, PITTSFORD NY 14534
Lisa Leonard	officer: Vice President	GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Timothy M Heaney	officer: VP & Chief Investment Officer	GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Hoffman Clifford W. Jr.	director	C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
Wells Fargo Bank N A	10 percent owner	101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Wells Fargo Municipal Capital Strategies, Llc	10 percent owner	375 PARK AVENUE, NEW YORK NY 10152

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