Highome Securities Fund (Highome Securities Fund) Dividend Payout Ratio

: 1.47 (As of Aug. 2023)

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Highome Securities Fund's dividend payout ratio for the months ended in Aug. 2023 was 1.47.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of High Income Securities Fund is 2.26, which seems too high.

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

PCF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.67 Max: 14.7
Current: 2.26

During the past 7 years, the highest Dividend Payout Ratio of Highome Securities Fund was 14.70. The lowest was 0.38. And the median was 0.67.

PCF's Dividend Payout Ratio is ranked worse than
87.13% of 940 companies
in the Asset Management industry
Industry Median: 0.83 vs PCF: 2.26

As of today (2024-04-19), the Dividend Yield % of Highome Securities Fund is 11.72%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Highome Securities Fund was 14.46%. The lowest was 1.01%. And the median was 9.20%.

Highome Securities Fund's Dividends per Share for the months ended in Aug. 2023 was $0.36.

During the past 12 months, Highome Securities Fund's average Dividends Per Share Growth Rate was -14.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 37.90% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Highome Securities Fund was 110.20% per year. The lowest was -4.70% per year. And the median was 39.40% per year.

The growth rate is calculated with least square regression.

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

Highome Securities Fund Dividend Payout Ratio Historical Data

The historical data trend for Highome Securities 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.

Highome Securities Fund Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Dividend Payout Ratio

0.69

14.70

0.43

2.24

Highome Securities Fund Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Dividend Payout Ratio									0.69	2.67	-	4.44	1.47

Competitive Comparison

For the Asset Management subindustry, Highome Securities 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.

Highome Securities Fund Dividend Payout Ratio Distribution

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

* The bar in red indicates where Highome Securities Fund's Dividend Payout Ratio falls into.

Highome Securities Fund Dividend Payout Ratio Calculation

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

Highome Securities Fund's Dividend Payout Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Aug. 2023 )	/	EPS without NRI (A: Aug. 2023 )
	=	0.763	/	0.34
	=	2.24

Highome Securities Fund's Dividend Payout Ratio for the quarter that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Aug. 2023 )	/	EPS without NRI (Q: Aug. 2023 )
	=	0.362	/	0.247
	=	1.47

Highome Securities Fund (NYSE:PCF) 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.

Highome Securities Fund Dividend Payout Ratio Related Terms

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Highome Securities Fund (Highome Securities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » High Income Securities Fund (NYSE:PCF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

615 East Michigan Street, Milwaukee, WI, USA, 53202

Website

https://www.putnam.com

High Income Securities Fund is a closed-end management investment company. Its primary objective is to provide high current income and capital appreciation is the secondary objective. The Fund pursues its objective primarily by investing in both convertible bonds and convertible preferred stocks. The Fund also invests significantly in high-yielding non-convertible securities with the potential for capital appreciation.

Executives

Moritz A Sell	director	C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE WI 53202
Phillip Goldstein	director	60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Gerald Hellerman	director	5431 NW 21ST AVE., BOCA RATON FL 33496
Andrew Dakos	director, officer: President	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Ben H Harris	director	C/O US BANCORP FUND SERVICES, 777 EAST WISCONSIN AVE., MILWAUKEE WI 53202
Stephanie Darling	officer: Chief Compliance Officer	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Thomas Antonucci	officer: Treasurer	250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Richard Dayan	director	C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., SUITE 301, BOCA RATON FL 33487
Rajeev P Das	director	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Investors, Llp Bulldog	10 percent owner	PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Edward Whalen	officer: Chief Human Resources Officer, other: Putnam Investments	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Michael Wands	officer: Head of Global Inv Strategies, other: Putnam Investments	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Anthony Daigle	officer: Portfolio Manager, other: Putnam Investments	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Andra S Bolotin	officer: Chief Financial Officer, other: Putnam Investments	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Manoj P Singh	director	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109