First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Dividend Payout Ratio : 0.28 (As of Nov. 2023)

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What is First Trust Specialty Fnc & Fncl Oppor Dividend Payout Ratio?

First Trust Specialty Fnc & Fncl Oppor's dividend payout ratio for the months ended in Nov. 2023 was 0.28.

The historical rank and industry rank for First Trust Specialty Fnc & Fncl Oppor's Dividend Payout Ratio or its related term are showing as below:

FGB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.83 Max: 11.67
Current: 0.61

During the past 7 years, the highest Dividend Payout Ratio of First Trust Specialty Fnc & Fncl Oppor was 11.67. The lowest was 0.27. And the median was 0.83.

FGB's Dividend Payout Ratio is ranked better than
64.32% of 936 companies
in the Asset Management industry
Industry Median: 0.83 vs FGB: 0.61

As of today (2024-05-01), the Dividend Yield % of First Trust Specialty Fnc & Fncl Oppor is 8.71%.

During the past 7 years, the highest Trailing Annual Dividend Yield of First Trust Specialty Fnc & Fncl Oppor was 39.52%. The lowest was 7.86%. And the median was 10.98%.

First Trust Specialty Fnc & Fncl Oppor's Dividends per Share for the months ended in Nov. 2023 was $0.17.

During the past 3 years, the average Dividends Per Share Growth Rate was -8.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -16.00% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of First Trust Specialty Fnc & Fncl Oppor was -8.80% per year. The lowest was -22.20% per year. And the median was -17.65% per year.

The growth rate is calculated with least square regression.

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

First Trust Specialty Fnc & Fncl Oppor Dividend Payout Ratio Historical Data

The historical data trend for First Trust Specialty Fnc & Fncl Oppor'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 Specialty Fnc & Fncl Oppor Dividend Payout Ratio Chart

First Trust Specialty Fnc & Fncl Oppor Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Dividend Payout Ratio

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0.83

0.27

0.61

First Trust Specialty Fnc & Fncl Oppor Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Dividend Payout Ratio	Get a 7-Day Free Trial								0.75	-	-	-	0.28

Competitive Comparison of First Trust Specialty Fnc & Fncl Oppor's Dividend Payout Ratio

For the Asset Management subindustry, First Trust Specialty Fnc & Fncl Oppor'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 Specialty Fnc & Fncl Oppor's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Specialty Fnc & Fncl Oppor's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Trust Specialty Fnc & Fncl Oppor's Dividend Payout Ratio falls into.

First Trust Specialty Fnc & Fncl Oppor Dividend Payout Ratio Calculation

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

First Trust Specialty Fnc & Fncl Oppor's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Nov. 2023 )	/	EPS without NRI (A: Nov. 2023 )
	=	0.33	/	0.54
	=	0.61

First Trust Specialty Fnc & Fncl Oppor's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Nov. 2023 )	/	EPS without NRI (Q: Nov. 2023 )
	=	0.165	/	0.59
	=	0.28

First Trust Specialty Fnc & Fncl Oppor (NYSE:FGB) 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 Specialty Fnc & Fncl Oppor Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of First Trust Specialty Fnc & Fncl Oppor's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust Specialty Fnc & Fncl Oppor (NYSE:FGB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

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

Website

https://www.ftportfolios.com

First Trust Specialty Fnc & Fncl Oppor is a United States-based closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income. It seeks a positive total return as a secondary objective. The Fund seeks to achieve its investment objectives by investing at least 80% of its Managed Assets in a portfolio of securities of specialty finance and other financial companies.

Executives

Bronwyn Wright	director	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
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
Scott Michael Friske	other: Officer - Investment Advisor	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Steven Patrick Farmer	other: Officer-Invest. Sub-Advisor	50 S. LASALLE STREET, CHICAGO IL 60603
Anne Kochevar	other: Officer - Invest. Sub-Advisor
Shane Shannon	officer: Assistant Secretary	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade	officer: Assistant Treasurer	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig	officer: Assistant Treasurer	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Rosanne Gatta	officer: Assistant Secretary	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman	officer: Assistant Secretary	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187
Joseph J Hanzlik	other: Officer-Investment Sub-Adviser	CONFLUENCE INVESTMENT MANAGEMENT LLC, 349 MARSHALL AVENUE, SUITE 302, ST. LOUIS MO 63119
Patricia A Dahl	other: Officer-Investment Sub-Adviser	CONFLUENCE INVESTMENT MANAGEMENT LLC, 349 MARSHALL AVENUE, SUITE 302, ST. LOUIS MO 63119
Confluence Investment Management Llc	other: Investment Sub-Adviser	20 ALLEN AVENUE, SUITE 300, ST. LOUIS MO 63119