Allspring Multi-Sectorome Fund (Allspring Multi-Sectorome Fund) Dividend Payout Ratio : 0.00 (As of Oct. 2023)

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What is Allspring Multi-Sectorome Fund Dividend Payout Ratio?

Allspring Multi-Sectorome Fund'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 Allspring Multi-Sector Income Fund is 1.13, which seems too high.

The historical rank and industry rank for Allspring Multi-Sectorome Fund's Dividend Payout Ratio or its related term are showing as below:

ERC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.63 Med: 0.88 Max: 1.13
Current: 1.13

During the past 13 years, the highest Dividend Payout Ratio of Allspring Multi-Sectorome Fund was 1.13. The lowest was 0.63. And the median was 0.88.

ERC's Dividend Payout Ratio is ranked worse than
67.94% of 939 companies
in the Asset Management industry
Industry Median: 0.83 vs ERC: 1.13

As of today (2024-04-30), the Dividend Yield % of Allspring Multi-Sectorome Fund is 8.74%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Allspring Multi-Sectorome Fund was 14.03%. The lowest was 7.16%. And the median was 9.43%.

Allspring Multi-Sectorome Fund's Dividends per Share for the months ended in Oct. 2023 was $0.39.

During the past 12 months, Allspring Multi-Sectorome Fund's average Dividends Per Share Growth Rate was -25.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -11.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Allspring Multi-Sectorome Fund was 3.40% per year. The lowest was -11.40% per year. And the median was -1.80% per year.

The growth rate is calculated with least square regression.

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

Allspring Multi-Sectorome Fund Dividend Payout Ratio Historical Data

The historical data trend for Allspring Multi-Sectorome 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.

Allspring Multi-Sectorome Fund Dividend Payout Ratio Chart

Allspring Multi-Sectorome Fund Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Dividend Payout Ratio

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0.94

0.73

1.13

Allspring Multi-Sectorome Fund Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Dividend Payout Ratio	Get a 7-Day Free Trial															2.20	-	-	0.55	-

Competitive Comparison of Allspring Multi-Sectorome Fund's Dividend Payout Ratio

For the Asset Management subindustry, Allspring Multi-Sectorome 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.

Allspring Multi-Sectorome Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspring Multi-Sectorome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Allspring Multi-Sectorome Fund's Dividend Payout Ratio falls into.

Allspring Multi-Sectorome Fund Dividend Payout Ratio Calculation

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

Allspring Multi-Sectorome 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 )
	=	0.813	/	0.72
	=	1.13

Allspring Multi-Sectorome 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 )
	=	0.392	/	-0.05
	=	N/A

Allspring Multi-Sectorome Fund (AMEX:ERC) 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.

Allspring Multi-Sectorome Fund Dividend Payout Ratio Related Terms

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

Allspring Multi-Sectorome Fund (Allspring Multi-Sectorome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allspring Multi-Sector Income Fund (AMEX:ERC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

525 Market Street, San Francisco, CA, USA, 94105

Website

https://www.allspringglobal.com

Allspring Multi-Sector Income Fund is a closed-end investment management company. The company's core business is to secure a high level of income for its investors consistent with limiting its overall exposure to domestic interest rate risk. It invests in U.S. dollar-denominated below investment-grade bonds, debentures, and other income obligations, including loans and preferred stocks, developed and emerging market debt securities, including obligations of foreign governments or governmental entities, foreign corporations, or supranational agencies denominated in various currencies, asset backed securities and investment grade corporate bonds.

Executives

Jennifer Lea Grunberg	officer: Chief Compliance Officer	350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Jonathan Crawford	officer: Chief Compliance Officer	BOW BELLS HOUSE, 1 BREAD STREET, LONDON X0 EC4M 4BE
Paul Werner Felsch	officer: Chief Complaince Officer	100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman	director	ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse	officer: Secretary	WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Simon Fj Cockbill	officer: Chief Compliance Officer	WELLS FARGO BANK, 33 KING WILLIAM STREET, FLOOR 03, LONDON X0 EC4R 9AT
Christopher M Lee	other: Portfolio Manager	WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Alison Jane Hewitt	officer: Chief Compliance Officer	WELLS FARGO BANK, 33 KING WILLIAM STREET, FLOOR 01, LONDON X0 EC4R 9AT
Michael Joseph Schueller	other: Portfolio Manager	100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Daniel J. Mavico	officer: Chief Compliance Officer	401 S TRYON STREET, FLOOR 2, CHARLOTTE NC 28202-1911
Kevin T. Roskopf	other: Share Repurchase Committee Mem	WELLS FARGO ASSET MANAGEMENT, 100 HERITAGE RESERVE, 1ST FLOOR, MENOMONEE FALLS WI 53051-4400
Catherine Jane Ibbotson	officer: Chief Compliance Officer	1 PLANTATION PL 30 FENCHURCH ST, LONDON X0 EC3M 3BD

Allspring Multi-Sectorome Fund (Allspring Multi-Sectorome Fund) Headlines

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