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Guggenheim Active Allocation Fund (Guggenheim Active Allocation Fund) Dividend Yield % : 9.36% (As of Jun. 05, 2024)


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What is Guggenheim Active Allocation Fund Dividend Yield %?

As of today (2024-06-05), the Trailing Annual Dividend Yield of Guggenheim Active Allocation Fund is 9.36%.

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

GUG' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 11.21
Current: 9.36

During the past 2 years, the highest Dividend Yield of Guggenheim Active Allocation Fund was 11.21%. The lowest was 0.00%. And the median was 0.00%.

GUG's Dividend Yield % is ranked better than
79.11% of 1216 companies
in the Asset Management industry
Industry Median: 5.49 vs GUG: 9.36

Guggenheim Active Allocation Fund's Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.78.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Guggenheim Active Allocation Fund is 0.98, which seems too high.

During the past 2 years, the highest Dividend Payout Ratio of Guggenheim Active Allocation Fund was 0.98. The lowest was 0.00. And the median was 0.00.

As of today (2024-06-05), the Forward Dividend Yield % of Guggenheim Active Allocation Fund is 9.36%.

Guggenheim Active Allocation Fund's Dividends per Share for the six months ended in Nov. 2023 was $0.71.

During the past 12 months, Guggenheim Active Allocation Fund's average Dividends Per Share Growth Rate was 9.10% per year.

The growth rate is calculated with least square regression.

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


Guggenheim Active Allocation Fund Dividend Yield % Historical Data

The historical data trend for Guggenheim Active Allocation 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.

Guggenheim Active Allocation Fund Dividend Yield % Chart

Guggenheim Active Allocation Fund Annual Data
Trend May22 May23
Dividend Yield %
- 10.47

Guggenheim Active Allocation Fund Semi-Annual Data
May22 Nov22 May23 Nov23
Dividend Yield % 2.98 8.47 10.47 10.37

Competitive Comparison of Guggenheim Active Allocation Fund's Dividend Yield %

For the Asset Management subindustry, Guggenheim Active Allocation 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.


Guggenheim Active Allocation Fund's Dividend Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where Guggenheim Active Allocation Fund's Dividend Yield % falls into.



Guggenheim Active Allocation Fund Dividend Yield % Calculation

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

Guggenheim Active Allocation Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1187502024-05-142024-05-152024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1187502024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1187502024-03-142024-03-152024-03-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1187502024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1187502024-01-112024-01-122024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1187502023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1187502023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1187502023-10-122023-10-132023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1187502023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1187502023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1187502023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1187502023-06-142023-06-152023-06-30Cash 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.

Guggenheim Active Allocation Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.425/15.23
=9.36 %

Current Share Price is $15.23.
Guggenheim Active Allocation Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.425.

Guggenheim Active Allocation Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.425/15.23
=9.36 %

Current Share Price is $15.23.
Guggenheim Active Allocation Fund's Dividends per Share for the forward twelve months is calculated as $0.11875 * 12 = $1.425.

* 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.


Guggenheim Active Allocation Fund  (NYSE:GUG) 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.


Guggenheim Active Allocation Fund Dividend Yield % Related Terms

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


Guggenheim Active Allocation Fund (Guggenheim Active Allocation Fund) Business Description

Traded in Other Exchanges
N/A
Address
227 West Monroe Street, Chicago, IL, USA, 60606
Guggenheim Active Allocation Fund is a diversified closed-end management investment company. The fund's investment objective is to maximize total return through a combination of current income and capital appreciation.
Executives
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Angela Brock-kyle director, other: Trustee 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Sandra G Sponem director, other: Trustee 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
William Rehder officer: Assistant Vice President 227 W MONROE STREET, CHICAGO IL 60606
B. Scott Minerd other: Chief Inv. Officer of Adviser 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Guggenheim Funds Investment Advisors, Llc other: Investment Adviser 227 WEST MONROE STREET, CHICAGO IL 60606
Guggenheim Partners Investment Management, Llc other: Investment Adviser Affiliate 100 WILSHIRE BOULEVARD, 5TH FLOOR, SANTA MONICA CA 90401
Hollowell Iii Orenzo Perry other: Portfolio Manager 330 MADISON AVENUE, NEW YORK NY 10017
Anne Bookwalter Walsh other: Managing Dir. to Subadvisor 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Bryan Stone officer: Vice President 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Steven H. Brown other: Portfolio Manager 227 WEST MONROE STREET, 49TH FLOOR, CHICAGO IL 60606
Glenn Mcwhinnie officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Adam Bloch other: portfolio manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532

Guggenheim Active Allocation Fund (Guggenheim Active Allocation Fund) Headlines