GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE:FFC) » Definitions » 5-Year RORE %

Flaherty & Crumrine Preferred andome Securities Fundorporated 5-Year RORE % : 121.02% (As of Nov. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Flaherty & Crumrine Preferred andome Securities Fundorporated 5-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Flaherty & Crumrine Preferred andome Securities Fundorporated's 5-Year RORE % for the quarter that ended in Nov. 2023 was 121.02%.

The industry rank for Flaherty & Crumrine Preferred andome Securities Fundorporated's 5-Year RORE % or its related term are showing as below:

FFC's 5-Year RORE % is ranked better than
91.49% of 1375 companies
in the Asset Management industry
Industry Median: 7.3 vs FFC: 121.02

Flaherty & Crumrine Preferred andome Securities Fundorporated 5-Year RORE % Historical Data

The historical data trend for Flaherty & Crumrine Preferred andome Securities Fundorporated's 5-Year RORE % 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.

Flaherty & Crumrine Preferred andome Securities Fundorporated 5-Year RORE % Chart

Flaherty & Crumrine Preferred andome Securities Fundorporated Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
5-Year RORE %
Get a 7-Day Free Trial - - - - 121.02

Flaherty & Crumrine Preferred andome Securities Fundorporated Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
5-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 66.01 121.02

Competitive Comparison of Flaherty & Crumrine Preferred andome Securities Fundorporated's 5-Year RORE %

For the Asset Management subindustry, Flaherty & Crumrine Preferred andome Securities Fundorporated's 5-Year RORE %, along with its competitors' market caps and 5-Year RORE % 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.


Flaherty & Crumrine Preferred andome Securities Fundorporated's 5-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Preferred andome Securities Fundorporated's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Preferred andome Securities Fundorporated's 5-Year RORE % falls into.



Flaherty & Crumrine Preferred andome Securities Fundorporated 5-Year RORE % Calculation

Flaherty & Crumrine Preferred andome Securities Fundorporated's 5-Year RORE % for the quarter that ended in Nov. 2023 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 0.145-3.721 )/( 3.813-6.768 )
=-3.576/-2.955
=121.02 %

* 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.

In the calculation of 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Nov. 2023 and 5-year before.


Flaherty & Crumrine Preferred andome Securities Fundorporated  (NYSE:FFC) 5-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 5-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Flaherty & Crumrine Preferred andome Securities Fundorporated 5-Year RORE % Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Preferred andome Securities Fundorporated's 5-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Flaherty & Crumrine Preferred andome Securities Fundorporated Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Preferred and Income Securities Fund Incorporated is a diversified, closed-end management investment company. The fund's investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests primarily in a diversified portfolio of preferred securities.
Executives
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Robert E Chadwick officer: CFO, VP, Treasurer & Secretary 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Donald F Crumrine director, officer: Chairman, CEO 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Peter C Stimes officer: VP,CFO,Chief Acct Of,Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Martin Brody director C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932
Flaherty & Crumrine Inc other: Investment Adviser 301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101