GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (NYSE:FTHY) » Definitions » Dividend Yield %

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) Dividend Yield % : 10.91% (As of May. 26, 2024)


View and export this data going back to 1990. Start your Free Trial

What is FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Dividend Yield %?

As of today (2024-05-26), the Trailing Annual Dividend Yield of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND is 10.91%.

The historical rank and industry rank for FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Yield % or its related term are showing as below:

FTHY' s Dividend Yield % Range Over the Past 10 Years
Min: 2.28   Med: 11.06   Max: 12.75
Current: 10.91

During the past 3 years, the highest Dividend Yield of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND was 12.75%. The lowest was 2.28%. And the median was 11.06%.

FTHY's Dividend Yield % is ranked better than
86.6% of 1216 companies
in the Asset Management industry
Industry Median: 5.535 vs FTHY: 10.91

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.80.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND is 1.35, which seems too high.

During the past 3 years, the highest Dividend Payout Ratio of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND was 1.35. The lowest was 0.22. And the median was 0.22.

As of today (2024-05-26), the Forward Dividend Yield % of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND is 10.91%.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividends per Share for the six months ended in Nov. 2023 was $0.78.

During the past 12 months, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's average Dividends Per Share Growth Rate was -4.30% per year.

The growth rate is calculated with least square regression.

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


FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Dividend Yield % Historical Data

The historical data trend for FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM 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.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Dividend Yield % Chart

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Annual Data
Trend May21 May22 May23
Dividend Yield %
1.80 10.41 11.42

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Dividend Yield % Get a 7-Day Free Trial 5.75 10.41 11.19 11.42 11.40

Competitive Comparison of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Yield %

For the Asset Management subindustry, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM 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.


FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Yield % falls into.



FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Dividend Yield % Calculation

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

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1300002024-05-012024-05-022024-05-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002024-04-012024-04-022024-04-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002024-03-012024-03-042024-03-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002024-02-012024-02-022024-02-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002024-01-022024-01-032024-01-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-12-012023-12-042023-12-26Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-11-012023-11-022023-11-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-10-022023-10-032023-10-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-09-012023-09-052023-09-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-08-012023-08-022023-08-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-07-032023-07-052023-07-25Cash DividendmonthlyUSD:USD 1.000000
USD 0.1300002023-06-012023-06-022023-06-26Cash 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.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.56/14.30
=10.91 %

Current Share Price is $14.30.
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.56.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.56/14.30
=10.91 %

Current Share Price is $14.30.
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividends per Share for the forward twelve months is calculated as $0.13 * 12 = $1.56.

* 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND  (NYSE:FTHY) 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND Dividend Yield % Related Terms

Thank you for viewing the detailed overview of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND is a diversified, closed-end management investment company. The investment objective of the fund is to provide current income.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James A Bowen director, other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Housey William A Jr other: Officer of Advisor, Port. Mgr. FIRST TRUST ADVISORS L.P., 120 E. 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
Jeffrey M Scott other: Portfolio Manager 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
Kristi A Maher officer: Asst. Secretary and CCO FIRST TRUST PORTFOLIOS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Orlando Purpura other: Portfolio Manager FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Roger Testin other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
David Mcgarel other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Andy Roggensack other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
W Scott Jardine officer: Secretary, other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 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
First Trust Advisors Lp other: Investment Advisor 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Daniel J Lindquist officer: Vice President C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) Headlines

From GuruFocus