What is TwentyFour Select Monthlyome Fund Dividend Payout Ratio?
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. TwentyFour Select Monthlyome Fund's Dividend Payout Ratio for the
months ended in Sep. 2023 was 0.54.
The historical rank and industry rank for TwentyFour Select Monthlyome Fund's Dividend Payout Ratio or its related term are showing as below:
LSE:SMIF'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.48 Med: 1.25 Max: 5.46
Current: 0.56
During the past 10 years, the highest Dividend Payout Ratio of TwentyFour Select Monthlyome Fund was 5.46. The lowest was 0.48. And the median was 1.25.
LSE:SMIF's Dividend Payout Ratio is ranked better than 57.92% of 1017
companies
in the Asset Management industry
Industry Median: 0.68
vs LSE:SMIF: 0.56
During the past 10 years, the highest Trailing Annual Dividend Yield of TwentyFour Select Monthlyome Fund was 10.94%. The lowest was 1.49%. And the median was 7.14%.
During the past 12 months, TwentyFour Select Monthlyome Fund's average Dividends Per Share Growth Rate was -1.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 0.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -0.50% per year.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of TwentyFour Select Monthlyome Fund was 66.30% per year. The lowest was -3.00% per year. And the median was -2.40% 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.
TwentyFour Select Monthlyome 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.
* Premium members only.
TwentyFour Select Monthlyome Fund Dividend Payout Ratio Chart
Competitive Comparison of TwentyFour Select Monthlyome Fund's Dividend Payout Ratio
For the Asset Management subindustry, TwentyFour Select Monthlyome 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.
TwentyFour Select Monthlyome Fund's Dividend Payout Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, TwentyFour Select Monthlyome Fund's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where TwentyFour Select Monthlyome Fund's Dividend Payout Ratio falls into.
TwentyFour Select Monthlyome 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.
TwentyFour Select Monthlyome Fund (LSE:SMIF) 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.
TwentyFour Select Monthlyome Fund Dividend Payout Ratio Related Terms
Thank you for viewing the detailed overview of TwentyFour Select Monthlyome Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
TwentyFour Select Monthlyome Fund Business Description
TwentyFour Select Monthly Income Fund Ltd is a closed-ended investment company registered in Guernsey. Its investment objective is to generate attractive risk-adjusted returns, principally through income distributions. The company's investment policy is to invest in a diversified portfolio which comprises of any category of credit security including bank capital, corporate bonds, high yield bonds, leveraged loans, payment-in-kind notes, and asset-backed securities.
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