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Center Coast Brookfield MLP & Energy Infrastructure Fund (Center Coast Brookfield MLP & Energy Infrastructure Fund) Dividend Payout Ratio

: 0.33 (As of Mar. 2023)
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Center Coast Brookfield MLP & Energy Infrastructure Fund's dividend payout ratio for the months ended in Mar. 2023 was 0.33.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Center Coast Brookfield MLP & Energy Infrastructure Fund is 33.33, which seems too high.

The historical rank and industry rank for Center Coast Brookfield MLP & Energy Infrastructure Fund's Dividend Payout Ratio or its related term are showing as below:

CEN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.26   Max: 33.33
Current: 33.33


During the past 5 years, the highest Dividend Payout Ratio of Center Coast Brookfield MLP & Energy Infrastructure Fund was 33.33. The lowest was 0.11. And the median was 0.26.

CEN's Dividend Payout Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs CEN: 33.33

As of today (2024-04-19), the Dividend Yield % of Center Coast Brookfield MLP & Energy Infrastructure Fund is 4.34%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Center Coast Brookfield MLP & Energy Infrastructure Fund was 168.97%. The lowest was 4.19%. And the median was 9.52%.

Center Coast Brookfield MLP & Energy Infrastructure Fund's Dividends per Share for the months ended in Mar. 2023 was $0.45.

During the past 3 years, the average Dividends Per Share Growth Rate was -58.40% per year.

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of Center Coast Brookfield MLP & Energy Infrastructure Fund was -52.40% per year. The lowest was -58.40% per year. And the median was -55.40% per year.

The growth rate is calculated with least square regression.

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


Center Coast Brookfield MLP & Energy Infrastructure Fund Dividend Payout Ratio Historical Data

The historical data trend for Center Coast Brookfield MLP & Energy Infrastructure 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.

Center Coast Brookfield MLP & Energy Infrastructure Fund Annual Data
Trend Nov17 Sep19 Sep20 Sep21 Sep22
Dividend Payout Ratio
- - - 0.11 0.41

Center Coast Brookfield MLP & Energy Infrastructure Fund Semi-Annual Data
Nov17 May18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.16 0.13 - 0.33

Competitive Comparison

For the Asset Management subindustry, Center Coast Brookfield MLP & Energy Infrastructure 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.


Center Coast Brookfield MLP & Energy Infrastructure Fund Dividend Payout Ratio Distribution

For the Asset Management industry and Financial Services sector, Center Coast Brookfield MLP & Energy Infrastructure Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Center Coast Brookfield MLP & Energy Infrastructure Fund's Dividend Payout Ratio falls into.



Center Coast Brookfield MLP & Energy Infrastructure Fund Dividend Payout Ratio Calculation

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

Center Coast Brookfield MLP & Energy Infrastructure Fund's Dividend Payout Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2022 )/ EPS without NRI (A: Sep. 2022 )
=0.9/ 2.21
=0.41

Center Coast Brookfield MLP & Energy Infrastructure Fund's Dividend Payout Ratio for the quarter that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2023 )/ EPS without NRI (Q: Mar. 2023 )
=0.45/ 1.36
=0.33

* 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.


Center Coast Brookfield MLP & Energy Infrastructure Fund (NYSE:CEN) 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.


Center Coast Brookfield MLP & Energy Infrastructure Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Center Coast Brookfield MLP & Energy Infrastructure Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Center Coast Brookfield MLP & Energy Infrastructure Fund (Center Coast Brookfield MLP & Energy Infrastructure Fund) Business Description

Traded in Other Exchanges
N/A
Address
250 Vesey Street, 15th Floor, Brookfield Place, New York, NY, USA, 10281-1023
Center Coast Brookfield MLP & Energy Infrastructure Fund is a closed-end management investment company. Its fund's investment objective is to provide a high level of total return with an emphasis on distributions to shareholders. It invests primarily in a portfolio of master limited partnerships (MLPs) and energy infrastructure companies.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Craig Ruckman officer: Fund's Secretary 1633 BROADWAY, NEW YORK NY 10019
Louis P Salvatore director 7 SYLVAN WAY, PARSIPPANY NJ 07054
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Thomas Shawn Miller other: Adviser's Portfolio Manager C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281-1023
Joseph Edward Herman other: Portfolio Manager C/O BROOKFIELD PUBLIC SECURITIES GROUP, BROOKFIELD PLACE, 250 VESEY STR., 15 FL, NEW YORK NY 10281
Boran Buturovic other: Portfolio Manager C/O BROOKFIELD PUBLIC SECURITIES GROUP, BROOKFIELD PLACE, 250 VESEY STR., 15 FL, NEW YORK NY 10281
Wright William H Ii director C/O VIRTUS INVESTMENT PARTNERS, 100 PEARL STREET, HARTFORD CT 06103
Brookfield Investment Management Inc. other: Fund's Adviser BROOKFIELD PLACE, 225 LIBERTY STREET, 43RD FLOOR, NEW YORK NY 10281
Stuart A Mcfarland director C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Edward A Kuczmarski director C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST, 15TH FL, NEW YORK NY 10281-1023
Mohamed Rasul officer: Fund's Assistant Treasurer BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Thomas Doyle Peeney officer: Secretary BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Casey Tushaus officer: Fund's Assistant Treasurer BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Jeffrey Allyn Jorgensen other: Fund's Portfolio Manager BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY STREET, 15TH, NEW YORK NY 10281

Center Coast Brookfield MLP & Energy Infrastructure Fund (Center Coast Brookfield MLP & Energy Infrastructure Fund) Headlines