If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND is 1.46, which seems too high.
During the past 12 months, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's average Dividends Per Share Growth Rate was -3.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -3.40% per year.
During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND was 48.30% per year. The lowest was -3.40% per year. And the median was 22.45% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (NYSE:FTHY) Dividend Payout Ratio Explanation
In dividends investing, Dividend 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND Dividend Payout Ratio Related Terms
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Dividend Payout Ratio Historical Data
* 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.
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Dividend Payout Ratio Chart
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Annual Data
Trend
May21
May22
May23
May24
May25
Dividend Payout Ratio
0.22
0.00
0.00
1.06
1.23
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Semi-Annual Data
FTHY vs BGB, ETO, EIM: Dividend Payout Ratio Comparison
For the Asset Management subindustry, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND Dividend Payout Ratio vs Asset Management Industry
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* 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.
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FTHY) has a Dividend Payout Ratio of 1.10 as of Nov. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND and its competitors. This is near median its historical median of 1.06. Over the past decade, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Payout Ratio has ranged from 0.22 to 1.46. According to the industry distribution chart, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND ranks #728 out of 935 companies in the Asset Management industry, placing it in the top 77.9%.
Is FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Payout Ratio too high?
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's current Dividend Payout Ratio of 1.10 is near median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.46. The Asset Management industry median Dividend Payout Ratio is 0.71. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's value of 1.10 is 54.9% above this industry median. Based on the distribution chart, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND ranks #728 out of 935 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Payout Ratio compare to BGB and ETO?
According to the Asset Management industry distribution chart, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND ranks #728 out of 935 companies for Dividend Payout Ratio. This places FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND in the lower half of its industry. The industry median Dividend Payout Ratio is 0.71. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's value of 1.10 is 54.9% above this benchmark. Historically, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's own Dividend Payout Ratio has ranged from 0.22 to 1.46 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.71, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.71, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's current Dividend Payout Ratio of 1.10 is 54.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's current Dividend Payout Ratio is 1.10, which is near median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND stock overvalued right now?
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FTHY) has a current Dividend Payout Ratio of 1.10. The current Dividend Payout Ratio is 1.10, which is near median its 10-year median of 1.06 and 54.9% above the Asset Management industry median of 0.71. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's overall GF Score™ is 26/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FTHY), the current Dividend Payout Ratio is 1.10 as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Business Description
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND is a diversified, closed-end management investment company. The investment objective of the fund is to provide current income. The fund invests a majority of its managed assets in high-yield debt securities of any maturity that are rated below investment grade at the time of purchase or unrated securities. Its investment portfolio comprises corporate bonds and notes, senior floating-rate loan interests, foreign corporate bonds and notes, money market funds, and other instruments across various industries.
26GF Score
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