HGLB (Highland Global Allocation Fund) Dividend Payout Ratio: 0.00 (As of Mar. 2026)


HGLB Highland Global Allocation Fund HGLB
46 GF Score
Price $7.59
GF Value $3.93
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Highland Global Allocation Fund Dividend Payout Ratio?

Highland Global Allocation Fund HGLB -0.65% 46 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates HGLB with a GF Score™ of 46/100 and a GF Value™ of $3.93 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 932 Asset Management companies, Highland Global Allocation Fund ranks worse than 90.56% on this metric.

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. Highland Global Allocation Fund's Dividend Payout Ratio for the months ended in Mar. 2026 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 Highland Global Allocation Fund is 2.62, which seems too high.

The historical rank and industry rank for Highland Global Allocation Fund's Dividend Payout Ratio or its related term are showing as below:

HGLB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.71   Max: 2.62
Current: 2.62

During the past 7 years, the highest Dividend Payout Ratio of Highland Global Allocation Fund was 2.62. The lowest was 0.28. And the median was 0.71.

HGLB's Dividend Payout Ratio is ranked worse than
90.56% of 932 companies
in the Asset Management industry
Industry Median: 0.7 vs HGLB: 2.62

As of today (2026-07-10), the Dividend Yield % of Highland Global Allocation Fund is 13.67%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Highland Global Allocation Fund was 15.00%. The lowest was 7.63%. And the median was 11.24%.

Highland Global Allocation Fund's Dividends per Share for the months ended in Mar. 2026 was $0.52.

During the past 12 months, Highland Global Allocation Fund's average Dividends Per Share Growth Rate was 5.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Highland Global Allocation Fund was 9.70% per year. The lowest was 3.20% per year. And the median was 3.30% 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.

Highland Global Allocation Fund (NYSE:HGLB) 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.

Highland Global Allocation Fund Dividend Payout Ratio Related Terms

Highland Global Allocation Fund Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Highland Global Allocation 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.

Highland Global Allocation Fund Dividend Payout Ratio Chart

Highland Global Allocation Fund Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Dividend Payout Ratio
Get a 7-Day Free Trial 0.28 1.41 1.39 0.71 0.36

Highland Global Allocation Fund Semi-Annual Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 0.92 0.47 0.30 0.00

HGLB vs FLC, DHF, ECF: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Highland Global Allocation 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.

Highland Global Allocation Fund Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Highland Global Allocation Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Highland Global Allocation Fund's Dividend Payout Ratio falls into.


HGLB
46GF Score
Highland Global Allocation Fund HGLB
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Highland Global Allocation 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.

Highland Global Allocation Fund's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2025 )/ EPS without NRI (A: Sep. 2025 )
=1.035/ 2.85
=0.36

Highland Global Allocation Fund's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.519/ -1.38
=N/A

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Highland Global Allocation Fund (HGLB) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Highland Global Allocation Fund and its competitors. Over the past decade, Highland Global Allocation Fund's Dividend Payout Ratio has ranged from 0.28 to 2.62. According to the industry distribution chart, Highland Global Allocation Fund ranks #844 out of 932 companies in the Asset Management industry, placing it in the top 90.6%.
Is Highland Global Allocation Fund's Dividend Payout Ratio too high?
Highland Global Allocation Fund's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 2.62. Based on the distribution chart, Highland Global Allocation Fund ranks #844 out of 932 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Highland Global Allocation Fund has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Highland Global Allocation Fund's Dividend Payout Ratio compare to FLC and DHF?
According to the Asset Management industry distribution chart, Highland Global Allocation Fund ranks #844 out of 932 companies for Dividend Payout Ratio. This places Highland Global Allocation Fund in the lower half of its industry. The industry median Dividend Payout Ratio is 0.70. Historically, Highland Global Allocation Fund's own Dividend Payout Ratio has ranged from 0.28 to 2.62 over the past decade. 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 0.70, based on 932 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. 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 Highland Global Allocation Fund and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highland Global Allocation Fund's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highland Global Allocation Fund stock overvalued right now?
Based on GuruFocus' analysis, Highland Global Allocation Fund (HGLB) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.93, compared to a current price of $7.59 — trading 93.1% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Highland Global Allocation Fund's overall GF Score™ is 46/100 with 2 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 Highland Global Allocation Fund (HGLB), the current Dividend Payout Ratio is 0.00 as of Mar. 2026. 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.

Is Highland Global Allocation Fund (HGLB) Overvalued in 2026?

Based on GuruFocus' analysis, Highland Global Allocation Fund stock appears to be overvalued. The current stock price of $7.59 is trading 93.1% above its estimated GF Value™ of $3.93. GuruFocus considers Highland Global Allocation Fund to be Significantly Overvalued.

Key valuation signals for HGLB:

  • Dividend Payout Ratio: 0.00
  • GF Value™: $3.93 vs. price of $7.59 (93.1% above fair value)
  • GF Score™: 46/100 with 2 warning signs

No single metric tells the full story. See the HGLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Highland Global Allocation Fund Business Description

Address 300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
Highland Global Allocation Fund is a diversified, closed-end management investment company. The investment objective of the Fund is to seek long-term growth of capital and future income. The Fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity, debt, and money market securities. It may also invest in senior loans to domestic or foreign corporations, partnerships, and other entities that operate in a variety of industries and geographic regions.
46GF Score

Get the complete analysis for HGLB

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.59
Price
$3.93
GF Value