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First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Dividend Yield % : 8.73% (As of May. 01, 2024)


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What is First Trust Specialty Fnc & Fncl Oppor Dividend Yield %?

As of today (2024-05-01), the Trailing Annual Dividend Yield of First Trust Specialty Fnc & Fncl Oppor is 8.73%.

Warning Sign:

First Trust Specialty Fnc & Fncl Oppor stock dividend yield is close to 2-year low.

The historical rank and industry rank for First Trust Specialty Fnc & Fncl Oppor's Dividend Yield % or its related term are showing as below:

FGB' s Dividend Yield % Range Over the Past 10 Years
Min: 7.86   Med: 10.98   Max: 39.52
Current: 8.73

During the past 7 years, the highest Dividend Yield of First Trust Specialty Fnc & Fncl Oppor was 39.52%. The lowest was 7.86%. And the median was 10.98%.

FGB's Dividend Yield % is ranked better than
73.23% of 1214 companies
in the Asset Management industry
Industry Median: 5.625 vs FGB: 8.73

First Trust Specialty Fnc & Fncl Oppor's Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.28.

During the past 7 years, the highest Dividend Payout Ratio of First Trust Specialty Fnc & Fncl Oppor was 11.67. The lowest was 0.27. And the median was 0.83.

As of today (2024-05-01), the Forward Dividend Yield % of First Trust Specialty Fnc & Fncl Oppor is 8.73%.

First Trust Specialty Fnc & Fncl Oppor's Dividends per Share for the six months ended in Nov. 2023 was $0.17.

During the past 3 years, the average Dividends Per Share Growth Rate was -8.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -16.00% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of First Trust Specialty Fnc & Fncl Oppor was -8.80% per year. The lowest was -22.20% per year. And the median was -17.65% per year.

The growth rate is calculated with least square regression.

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


First Trust Specialty Fnc & Fncl Oppor Dividend Yield % Historical Data

The historical data trend for First Trust Specialty Fnc & Fncl Oppor'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.

First Trust Specialty Fnc & Fncl Oppor Dividend Yield % Chart

First Trust Specialty Fnc & Fncl Oppor Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividend Yield %
Get a 7-Day Free Trial 11.19 13.26 8.25 9.46 9.85

First Trust Specialty Fnc & Fncl Oppor Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.25 9.22 9.46 11.19 9.85

Competitive Comparison of First Trust Specialty Fnc & Fncl Oppor's Dividend Yield %

For the Asset Management subindustry, First Trust Specialty Fnc & Fncl Oppor'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.


First Trust Specialty Fnc & Fncl Oppor's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Specialty Fnc & Fncl Oppor's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where First Trust Specialty Fnc & Fncl Oppor's Dividend Yield % falls into.



First Trust Specialty Fnc & Fncl Oppor Dividend Yield % Calculation

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

First Trust Specialty Fnc & Fncl Oppor Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0830002024-02-222024-02-232024-02-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0830002023-11-222023-11-242023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.0830002023-08-222023-08-232023-08-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.0830002023-05-222023-05-232023-05-31Cash DividendquarterlyUSD: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.

First Trust Specialty Fnc & Fncl Oppor's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.332/3.7799
=8.78 %

Current Share Price is $3.7799.
First Trust Specialty Fnc & Fncl Oppor's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.332.

First Trust Specialty Fnc & Fncl Oppor's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.332/3.7799
=8.78 %

Current Share Price is $3.7799.
First Trust Specialty Fnc & Fncl Oppor's Dividends per Share for the forward twelve months is calculated as $0.083 * 4 = $0.332.

* 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.


First Trust Specialty Fnc & Fncl Oppor  (NYSE:FGB) 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.


First Trust Specialty Fnc & Fncl Oppor Dividend Yield % Related Terms

Thank you for viewing the detailed overview of First Trust Specialty Fnc & Fncl Oppor's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Specialty Fnc & Fncl Oppor is a United States-based closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income. It seeks a positive total return as a secondary objective. The Fund seeks to achieve its investment objectives by investing at least 80% of its Managed Assets in a portfolio of securities of specialty finance and other financial companies.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Steven Patrick Farmer other: Officer-Invest. Sub-Advisor 50 S. LASALLE STREET, CHICAGO IL 60603
Anne Kochevar other: Officer - Invest. Sub-Advisor
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187
Joseph J Hanzlik other: Officer-Investment Sub-Adviser CONFLUENCE INVESTMENT MANAGEMENT LLC, 349 MARSHALL AVENUE, SUITE 302, ST. LOUIS MO 63119
Patricia A Dahl other: Officer-Investment Sub-Adviser CONFLUENCE INVESTMENT MANAGEMENT LLC, 349 MARSHALL AVENUE, SUITE 302, ST. LOUIS MO 63119
Confluence Investment Management Llc other: Investment Sub-Adviser 20 ALLEN AVENUE, SUITE 300, ST. LOUIS MO 63119

First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Headlines

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