First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) Dividend Payout Ratio : 0.81 (As of Dec. 2023)

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What is First Trust/aberdeen Global Oppoome Dividend Payout Ratio?

First Trust/aberdeen Global Oppoome's dividend payout ratio for the months ended in Dec. 2023 was 0.81.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First Trust/aberdeen Global Oppo Income is 0.75, which seems too high.

The historical rank and industry rank for First Trust/aberdeen Global Oppoome's Dividend Payout Ratio or its related term are showing as below:

FAM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.64 Max: 2.46
Current: 0.75

During the past 7 years, the highest Dividend Payout Ratio of First Trust/aberdeen Global Oppoome was 2.46. The lowest was 0.51. And the median was 0.64.

FAM's Dividend Payout Ratio is ranked better than
53.83% of 953 companies
in the Asset Management industry
Industry Median: 0.8 vs FAM: 0.75

As of today (2024-05-15), the Dividend Yield % of First Trust/aberdeen Global Oppoome is 11.34%.

During the past 7 years, the highest Trailing Annual Dividend Yield of First Trust/aberdeen Global Oppoome was 17.77%. The lowest was 7.61%. And the median was 9.52%.

First Trust/aberdeen Global Oppoome's Dividends per Share for the months ended in Dec. 2023 was $0.36.

During the past 12 months, First Trust/aberdeen Global Oppoome's average Dividends Per Share Growth Rate was 3.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -11.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.10% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of First Trust/aberdeen Global Oppoome was 2.60% per year. The lowest was -11.10% per year. And the median was -3.65% per year.

The growth rate is calculated with least square regression.

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

First Trust/aberdeen Global Oppoome Dividend Payout Ratio Historical Data

The historical data trend for First Trust/aberdeen Global Oppoome'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.

First Trust/aberdeen Global Oppoome Dividend Payout Ratio Chart

First Trust/aberdeen Global Oppoome Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.51

2.46

0.75

First Trust/aberdeen Global Oppoome Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial								-	-	1.10	0.70	0.81

Competitive Comparison of First Trust/aberdeen Global Oppoome's Dividend Payout Ratio

For the Asset Management subindustry, First Trust/aberdeen Global Oppoome'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.

First Trust/aberdeen Global Oppoome's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust/aberdeen Global Oppoome's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Trust/aberdeen Global Oppoome's Dividend Payout Ratio falls into.

First Trust/aberdeen Global Oppoome Dividend Payout Ratio Calculation

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

First Trust/aberdeen Global Oppoome'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 )
	=	0.675	/	0.9
	=	0.75

First Trust/aberdeen Global Oppoome'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 )
	=	0.36	/	0.447
	=	0.81

First Trust/aberdeen Global Oppoome (NYSE:FAM) 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.

First Trust/aberdeen Global Oppoome Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of First Trust/aberdeen Global Oppoome's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

First Trust/aberdeen Global Oppoome (First Trust/aberdeen Global Oppoome) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust/aberdeen Global Oppo Income (NYSE:FAM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187

Website

http://www.ftportfolios.com

First Trust/aberdeen Global Oppo Income is a United States-based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income while its secondary objective is to seek capital appreciation. The fund seeks to achieve these objectives by investing its managed assets in the world bond markets through a diversified portfolio of investment-grade and below-investment-grade government and corporate debt securities.

Executives

Bronwyn Wright	director	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jaclyn Marie Matsick	other: Director-Investment Advisor	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze	director	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Thomas R Kadlec	director	C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise	director	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler	other: Officer-Investment Advisor	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
George W Karpus	other: See Explanation of Responses
Scott Michael Friske	other: Officer-Investment Advisor	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Mickey Janvier	other: Director of Sub-Adviser	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor	other: Director of Sub-Adviser	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Joseph Andolina	other: Officer-Investment Sub-Advisor	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Karpus Management, Inc.	10 percent owner	183 SULLY'S TRAIL, PITTSFORD NY 14534
Chris Demetriou	other: Officer-Invest. Sub-Advisor	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Robert F Keith	director	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Ralph Bassett	other: Officer-Investment Sub-Advisor	1735 MARKET ST., 32ND FLOOR, PHILADELPHIA PA 19103