Australian Enhancedome Fund (ASX:TCF) Dividend Yield %

: 8.28% (As of Today)

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As of today (2024-04-23), the Trailing Annual Dividend Yield of Australian Enhancedome Fund is 8.28%.

Good Sign:

Australian Enhanced Income Fund stock dividend yield is close to 10-year high.

The historical rank and industry rank for Australian Enhancedome Fund's Dividend Yield % or its related term are showing as below:

ASX:TCF' s Dividend Yield % Range Over the Past 10 Years
Min: 1.52 Med: 5.84 Max: 8.33
Current: 8.28

During the past 13 years, the highest Dividend Yield of Australian Enhancedome Fund was 8.33%. The lowest was 1.52%. And the median was 5.84%.

ASX:TCF's Dividend Yield % is ranked better than
68.23% of 1215 companies
in the Asset Management industry
Industry Median: 5.67 vs ASX:TCF: 8.28

Australian Enhancedome Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.86.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Australian Enhanced Income Fund is 0.94, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Australian Enhancedome Fund was 1.32. The lowest was 0.57. And the median was 0.99.

As of today (2024-04-23), the Forward Dividend Yield % of Australian Enhancedome Fund is 8.28%.

Australian Enhancedome Fund's Dividends per Share for the six months ended in Dec. 2023 was A$0.21.

During the past 12 months, Australian Enhancedome Fund's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Australian Enhancedome Fund was 12.40% per year. The lowest was -30.10% per year. And the median was -6.80% per year.

The growth rate is calculated with least square regression.

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

Australian Enhancedome Fund Dividend Yield % Historical Data

The historical data trend for Australian Enhancedome Fund's Dividend Yield % 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.

Australian Enhancedome Fund Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Yield %

5.74

5.09

1.52

6.79

7.49

Australian Enhancedome Fund Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Yield %																4.58	6.79	6.50	7.49	8.16

Competitive Comparison

For the Asset Management subindustry, Australian Enhancedome Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.

Australian Enhancedome Fund Dividend Yield % Distribution

For the Asset Management industry and Financial Services sector, Australian Enhancedome Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Australian Enhancedome Fund's Dividend Yield % falls into.

Australian Enhancedome Fund Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Australian Enhancedome Fund Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
AUD 0.035	2024-03-27	2024-03-28	2024-04-05	Cash Dividend	monthly	AUD:AUD 1.000000
AUD 0.035	2024-02-28	2024-02-29	2024-03-07	Cash Dividend	monthly	AUD:AUD 1.000000
AUD 0.035	2024-01-30	2024-01-31	2024-02-07	Cash Dividend	monthly	AUD:AUD 1.000000
AUD 0.035	2023-12-28	2023-12-29	2024-01-05	Cash Dividend	monthly	AUD:AUD 1.000000
AUD 0.035	2023-11-29	2023-11-30	2023-12-07	Cash Dividend	monthly	AUD:AUD 1.000000
AUD 0.035	2023-10-30	2023-10-31	2023-11-07	Cash Dividend	monthly	AUD:AUD 1.000000
AUD 0.035	2023-09-28	2023-09-29	2023-10-06	Cash Dividend	monthly	AUD:AUD 1.000000
AUD 0.035	2023-08-30	2023-08-31	2023-09-07	Cash Dividend	monthly	AUD:AUD 1.000000
AUD 0.035	2023-07-28	2023-07-31	2023-08-07	Cash Dividend	monthly	AUD:AUD 1.000000
AUD 0.035	2023-06-29	2023-06-30	2023-07-07	Cash Dividend	monthly	AUD:AUD 1.000000
AUD 0.035	2023-05-30	2023-05-31	2023-06-07	Cash Dividend	monthly	AUD:AUD 1.000000
AUD 0.035	2023-04-27	2023-04-28	2023-05-05	Cash Dividend	monthly	AUD:AUD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Australian Enhancedome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.42	/	5.06
	=	8.30 %

Current Share Price is A$5.06.
Australian Enhancedome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.42.

Australian Enhancedome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.42	/	5.06
	=	8.30 %

Current Share Price is A$5.06.
Australian Enhancedome Fund's Dividends per Share for the forward twelve months is calculated as A$0.035 * 12 = A$0.42.

Australian Enhancedome Fund (ASX:TCF) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Australian Enhancedome Fund Dividend Yield % Related Terms

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Australian Enhancedome Fund (ASX:TCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Australian Enhanced Income Fund (ASX:TCF) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Macquarie Place, Suite 3701, Level 37, Sydney, AUS, 2000

Website

https://www.360capital.com.au

Australian Enhanced Income Fund is an Australia-based company that mainly invests in listed and unlisted debt hybrid securities and cash investments following the Fund Constitution and the Fund Product Disclosure Statements.

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