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abrdn Globalome Fund (abrdn Globalome Fund) Dividend Yield % : 15.08% (As of Apr. 29, 2024)


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What is abrdn Globalome Fund Dividend Yield %?

As of today (2024-04-29), the Trailing Annual Dividend Yield of abrdn Globalome Fund is 15.08%.

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

FCO' s Dividend Yield % Range Over the Past 10 Years
Min: 6.04   Med: 10.26   Max: 19.05
Current: 15.08

During the past 13 years, the highest Dividend Yield of abrdn Globalome Fund was 19.05%. The lowest was 6.04%. And the median was 10.26%.

FCO's Dividend Yield % is ranked better than
96.79% of 1215 companies
in the Asset Management industry
Industry Median: 5.62 vs FCO: 15.08

abrdn Globalome Fund's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of abrdn Global Income Fund Inc is 1.95, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of abrdn Globalome Fund was 5.60. The lowest was 1.06. And the median was 1.43.

As of today (2024-04-29), the Forward Dividend Yield % of abrdn Globalome Fund is 15.08%.

abrdn Globalome Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.42.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of abrdn Globalome Fund was 0.70% per year. The lowest was 0.70% per year. And the median was 0.70% per year.

The growth rate is calculated with least square regression.

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


abrdn Globalome Fund Dividend Yield % Historical Data

The historical data trend for abrdn Globalome 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.

abrdn Globalome Fund Dividend Yield % Chart

abrdn Globalome Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.99 12.35 10.06 18.67 13.79

abrdn Globalome Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.06 14.09 18.67 16.57 13.79

Competitive Comparison of abrdn Globalome Fund's Dividend Yield %

For the Asset Management subindustry, abrdn Globalome 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.


abrdn Globalome Fund's Dividend Yield % Distribution in the Asset Management Industry

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

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



abrdn Globalome Fund Dividend Yield % Calculation

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

abrdn Globalome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0702024-04-222024-04-232024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702024-03-202024-03-212024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702024-02-212024-02-222024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702024-01-232024-01-242024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-12-282023-12-292024-01-10Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-11-212023-11-222023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-10-232023-10-242023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-09-212023-09-222023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-08-232023-08-242023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-07-212023-07-242023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-06-222023-06-232023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0702023-05-182023-05-192023-05-31Cash DividendmonthlyUSD:USD 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.

abrdn Globalome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.84/5.57
=15.08 %

Current Share Price is $5.57.
abrdn Globalome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.84.

abrdn Globalome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.84/5.57
=15.08 %

Current Share Price is $5.57.
abrdn Globalome Fund's Dividends per Share for the forward twelve months is calculated as $0.07 * 12 = $0.84.

* 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.


abrdn Globalome Fund  (AMEX:FCO) 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.


abrdn Globalome Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of abrdn Globalome Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


abrdn Globalome Fund (abrdn Globalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
abrdn Global Income Fund Inc is a closed-end, non-diversified management investment company. The Fund's principal investment objective is to provide high current income by investing predominantly in fixed-income securities. As a secondary investment objective, the Fund seeks capital appreciation, but only when consistent with its principal investment objective. It invests in Government Bonds & Corporate Bonds, and its investments are divided into three categories, Developed Markets, Investment Grade Developing Markets, and Sub-Investment Grade Developing Markets.
Executives
Peter Branner other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Xavier Meyer other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey officer: Vice President 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Ai Hua Aik other: Director of Investment Manager 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Moritz A Sell director C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE WI 53202
Grant Thomas Hotson other: Director of Sub-Adviser 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Heather Hasson officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Radhika Ajmera director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Neil Andrew Slater other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022