Global Dividend Growth Split (TSX:GDV) Dividend Payout Ratio : 0.23 (As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Global Dividend Growth Split 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. Global Dividend Growth Split's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.23.

The historical rank and industry rank for Global Dividend Growth Split's Dividend Payout Ratio or its related term are showing as below:

TSX:GDV' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.33 Max: 0.83
Current: 0.39

During the past 6 years, the highest Dividend Payout Ratio of Global Dividend Growth Split was 0.83. The lowest was 0.31. And the median was 0.33.

TSX:GDV's Dividend Payout Ratio is ranked better than
66.05% of 1034 companies
in the Asset Management industry
Industry Median: 0.58 vs TSX:GDV: 0.39

As of today (2025-03-26), the Dividend Yield % of Global Dividend Growth Split is 11.47%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Global Dividend Growth Split was 20.00%. The lowest was 5.68%. And the median was 11.11%.

Global Dividend Growth Split's Dividends per Share for the months ended in Jun. 2024 was C$0.60.

During the past 5 years, the average Dividends Per Share Growth Rate was 9.20% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Global Dividend Growth Split was 22.80% per year. The lowest was 22.80% per year. And the median was 22.80% 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.

Global Dividend Growth Split Dividend Payout Ratio Historical Data

The historical data trend for Global Dividend Growth Split'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.

Global Dividend Growth Split Dividend Payout Ratio Chart

Global Dividend Growth Split Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.31

0.33

0.83

Global Dividend Growth Split Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial								-	2.75	0.62	1.25	0.23

Competitive Comparison of Global Dividend Growth Split's Dividend Payout Ratio

For the Asset Management subindustry, Global Dividend Growth Split'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.

Global Dividend Growth Split's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Global Dividend Growth Split's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Global Dividend Growth Split's Dividend Payout Ratio falls into.

Global Dividend Growth Split Dividend Payout Ratio Calculation

Global Dividend Growth Split's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.2	/	1.45
	=	0.83

Global Dividend Growth Split's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.6	/	2.57
	=	0.23

Global Dividend Growth Split (TSX:GDV) 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.

Global Dividend Growth Split Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Global Dividend Growth Split's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Dividend Growth Split Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Global Dividend Growth Split Corp (TSX:GDV) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

GDV.PR.A.PFD:Canada

Address

181 Bay Street, Bay Wellington Tower, Suite 2930, Box 793, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website

https://www.bromptongroup.com

Global Dividend Growth Split Corp is a closed-end investment fund. It invests in a diversified portfolio of equity securities of large-capitalization world-wide dividend growth companies. Its objectives are to provide holders with monthly non-cumulative cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the portfolio.