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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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What is Center Coast Brookfield MLP & Energy Infrastructure Fund Dividend Payout Ratio?

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 (2024-04-26), 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 Dividend Payout Ratio Chart

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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.09 0.16 0.13 - 0.33

Competitive Comparison of Center Coast Brookfield MLP & Energy Infrastructure Fund's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the Asset Management Industry

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