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Special Opportunities FundSPE -0.11%50 Dividend Payout Ratio is 1.05 as of Dec. 2025, which is 139% above its 10-year median of 0.44. GuruFocus rates SPE with a GF Score™ of 50/100 and a GF Value™ of $11.02 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 932 Asset Management companies, Special Opportunities Fund ranks worse than 51.72% 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. Special Opportunities Fund's Dividend Payout Ratio for the
months ended in Dec. 2025 was 1.05.
The historical rank and industry rank for Special Opportunities Fund's Dividend Payout Ratio or its related term are showing as below:
SPE'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.44 Max: 0.79
Current: 0.69
During the past 9 years, the highest Dividend Payout Ratio of Special Opportunities Fund was 0.79. The lowest was 0.23. And the median was 0.44.
SPE's Dividend Payout Ratio is ranked worse than 51.72% of 932
companies
in the Asset Management industry
Industry Median: 0.655
vs SPE: 0.69
During the past 9 years, the highest Trailing Annual Dividend Yield of Special Opportunities Fund was 16.56%. The lowest was 1.84%. And the median was 8.01%.
During the past 12 months, Special Opportunities Fund's average Dividends Per Share Growth Rate was 13.60% 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 -2.20% per year.
During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Special Opportunities Fund was 88.70% per year. The lowest was -13.90% per year. And the median was -0.95% 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.
Special Opportunities Fund (NYSE:SPE) 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.
Special Opportunities Fund Dividend Payout Ratio Related Terms
Special Opportunities 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.
Special Opportunities Fund Dividend Payout Ratio Chart
SPE vs EVG, PFD, MPA: Dividend Payout Ratio Comparison
For the Asset Management subindustry, Special Opportunities 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.
Special Opportunities Fund Dividend Payout Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Special Opportunities Fund's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Special Opportunities Fund's Dividend Payout Ratio falls into.
Special Opportunities 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.
Special Opportunities Fund's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Special Opportunities Fund (SPE) has a Dividend Payout Ratio of 1.05 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Special Opportunities Fund and its competitors. This is 139% above median its historical median of 0.44. Over the past decade, Special Opportunities Fund's Dividend Payout Ratio has ranged from 0.23 to 0.79. According to the industry distribution chart, Special Opportunities Fund ranks #482 out of 932 companies in the Asset Management industry, placing it in the top 51.7%.
Is Special Opportunities Fund's Dividend Payout Ratio too high?
Special Opportunities Fund's current Dividend Payout Ratio of 1.05 is 139% above median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.79. The Asset Management industry median Dividend Payout Ratio is 0.66. Special Opportunities Fund's value of 1.05 is 60.3% above this industry median. Based on the distribution chart, Special Opportunities Fund ranks #482 out of 932 companies in the Asset Management industry, which is below the industry midpoint. Overall, Special Opportunities Fund has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Special Opportunities Fund's Dividend Payout Ratio compare to EVG and PFD?
According to the Asset Management industry distribution chart, Special Opportunities Fund ranks #482 out of 932 companies for Dividend Payout Ratio. This places Special Opportunities Fund in the lower half of its industry. The industry median Dividend Payout Ratio is 0.66. Special Opportunities Fund's value of 1.05 is 60.3% above this benchmark. Historically, Special Opportunities Fund's own Dividend Payout Ratio has ranged from 0.23 to 0.79 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.66, Special Opportunities Fund has consistently been above the industry average. 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 0.66, 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. Special Opportunities Fund's current Dividend Payout Ratio of 1.05 is 60.3% above the industry median. 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 Special Opportunities Fund and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Special Opportunities Fund's current Dividend Payout Ratio is 1.05, which is 139% above median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Special Opportunities Fund stock overvalued right now?
Based on GuruFocus' analysis, Special Opportunities Fund (SPE) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.02, compared to a current price of $13.56 — trading 23% above its estimated fair value. The current Dividend Payout Ratio is 1.05, which is 139% above median its 10-year median of 0.44 and 60.3% above the Asset Management industry median of 0.66. Special Opportunities Fund's overall GF Score™ is 50/100 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 Special Opportunities Fund (SPE), the current Dividend Payout Ratio is 1.05 as of Dec. 2025. 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 Special Opportunities Fund (SPE) Overvalued in 2026?
Based on GuruFocus' analysis, Special Opportunities Fund stock appears to be overvalued.
The current stock price of $13.56 is trading 23% above its estimated GF Value™ of $11.02.
GuruFocus considers Special Opportunities Fund to be Modestly Overvalued.
Key valuation signals for SPE:
Dividend Payout Ratio: 1.05 (139% above median its 10-year median of 0.44)
GF Value™: $11.02 vs. price of $13.56 (23% above fair value)
Industry Position: 60.3% above the Asset Management median (#482 of 932)
No single metric tells the full story. See the SPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Special Opportunities Fund Inc is a closed-ended diversified management investment company. Its investment objective is to have the total return. The company's investment portfolio consists of investment companies, common stocks, money market funds, commodity partnerships, preferred stocks, convertible bonds, liquidating trusts, promissory notes, senior unsecured notes, warrants, rights, corporate notes and corporate bonds.
50GF Score
Get the complete analysis for SPE
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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