First Trust MLP and Energyome Fund (First Trust MLP and Energyome Fund) Dividend Payout Ratio : 0.91 (As of Oct. 2023)

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What is First Trust MLP and Energyome Fund Dividend Payout Ratio?

First Trust MLP and Energyome Fund's dividend payout ratio for the months ended in Oct. 2023 was 0.91.

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 MLP and Energy Income Fund is 1.05, which seems too high.

The historical rank and industry rank for First Trust MLP and Energyome Fund's Dividend Payout Ratio or its related term are showing as below:

FEI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 1.05 Max: 3.17
Current: 1.05

During the past 7 years, the highest Dividend Payout Ratio of First Trust MLP and Energyome Fund was 3.17. The lowest was 0.23. And the median was 1.05.

FEI's Dividend Payout Ratio is ranked worse than
64.93% of 938 companies
in the Asset Management industry
Industry Median: 0.82 vs FEI: 1.05

As of today (2024-04-29), the Dividend Yield % of First Trust MLP and Energyome Fund is 6.11%.

During the past 7 years, the highest Trailing Annual Dividend Yield of First Trust MLP and Energyome Fund was 30.02%. The lowest was 6.09%. And the median was 10.20%.

First Trust MLP and Energyome Fund's Dividends per Share for the months ended in Oct. 2023 was $0.30.

During the past 3 years, the average Dividends Per Share Growth Rate was -11.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -17.20% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of First Trust MLP and Energyome Fund was -11.00% per year. The lowest was -24.30% per year. And the median was -16.90% per year.

The growth rate is calculated with least square regression.

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

First Trust MLP and Energyome Fund Dividend Payout Ratio Historical Data

The historical data trend for First Trust MLP and Energyome 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.

First Trust MLP and Energyome Fund Dividend Payout Ratio Chart

First Trust MLP and Energyome Fund Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Dividend Payout Ratio

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1.62

0.23

0.41

1.05

First Trust MLP and Energyome Fund 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								0.65	0.27	0.89	1.25	0.91

Competitive Comparison of First Trust MLP and Energyome Fund's Dividend Payout Ratio

For the Asset Management subindustry, First Trust MLP and Energyome 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.

First Trust MLP and Energyome Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust MLP and Energyome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Trust MLP and Energyome Fund's Dividend Payout Ratio falls into.

First Trust MLP and Energyome Fund Dividend Payout Ratio Calculation

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

First Trust MLP and Energyome 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 )
	=	0.6	/	0.57
	=	1.05

First Trust MLP and Energyome 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 )
	=	0.3	/	0.33
	=	0.91

First Trust MLP and Energyome Fund (NYSE:FEI) 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 MLP and Energyome Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of First Trust MLP and Energyome Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

First Trust MLP and Energyome Fund (First Trust MLP and Energyome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust MLP and Energy Income Fund (NYSE:FEI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Westport Road, Suite C101a, Wilton, CT, USA, 06897

Website

https://www.ftportfolios.com

First Trust MLP and Energy Income Fund is a non-diversified, closed-end management investment company. Its focus is on investing in publicly traded master limited partnerships(MLP) related entities, and other companies in the energy sector and energy utility industries. Its investment objective is to seek a high level of total return with an emphasis on current distributions paid to common shareholders.

Executives

Bronwyn Wright	director	FIRST TRUST ADVISORS L.P., 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
Scott Michael Friske	other: Officer-Investment Advisor	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Nandita Hogan	other: Officer-Investment Sub-Advisor	ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
John K Tysseland	other: Officer-Investment Sub-Advisor	ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVE., WESTPORT CT 06880
Shane Shannon	officer: Assistant Secretary	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Lisa Iantorno	other: Officer-Investment Sub-Advisor	ENERGY INCOME PARTNERS, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
Robert F Keith	director	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Eva Pao	other: Officer-Investment Sub-Advisor	ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
Thomas R Kadlec	director	C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Richard E Erickson	director	C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
First Trust Portfolios Lp	other: Affiliate-Investment Advisor	12O EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James M Dykas	officer: Treasurer	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Daniel J Lindquist	officer: Vice President	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187