GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Rand Capital Corp (NAS:RAND) » Definitions » Dividend Yield %

Rand Capital (Rand Capital) Dividend Yield % : 7.04% (As of Apr. 27, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Rand Capital Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of Rand Capital is 7.04%.

Good Sign:

Rand Capital Corp stock dividend yield is close to 2-year high.

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

RAND' s Dividend Yield % Range Over the Past 10 Years
Min: 2.33   Med: 6.02   Max: 10.72
Current: 7.04

During the past 13 years, the highest Dividend Yield of Rand Capital was 10.72%. The lowest was 2.33%. And the median was 6.02%.

RAND's Dividend Yield % is ranked better than
61.15% of 1215 companies
in the Asset Management industry
Industry Median: 5.65 vs RAND: 7.04

Rand Capital's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.60.

During the past 13 years, the highest Dividend Payout Ratio of Rand Capital was 4.03. The lowest was 0.07. And the median was 0.38.

As of today (2024-04-27), the Forward Dividend Yield % of Rand Capital is 7.04%.

Rand Capital's Dividends per Share for the three months ended in Dec. 2023 was $0.25.

During the past 12 months, Rand Capital's average Dividends Per Share Growth Rate was 46.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Rand Capital was -10.60% per year. The lowest was -10.60% per year. And the median was -10.60% per year.

The growth rate is calculated with least square regression.

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


Rand Capital Dividend Yield % Historical Data

The historical data trend for Rand Capital'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.

Rand Capital Dividend Yield % Chart

Rand Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.56 2.35 4.89 7.31

Rand Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.89 5.22 6.09 6.83 7.31

Competitive Comparison of Rand Capital's Dividend Yield %

For the Asset Management subindustry, Rand Capital'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.


Rand Capital's Dividend Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where Rand Capital's Dividend Yield % falls into.



Rand Capital Dividend Yield % Calculation

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

Rand Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2502024-03-122024-03-132024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-12-152023-12-182023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-08-302023-08-312023-09-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-05-302023-05-312023-06-14Cash 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.

Rand Capital's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/14.19
=7.05 %

Current Share Price is $14.19.
Rand Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.

Rand Capital's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/14.19
=7.05 %

Current Share Price is $14.19.
Rand Capital's Dividends per Share for the forward twelve months is calculated as $0.25 * 4 = $1.

* 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.


Rand Capital  (NAS:RAND) 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.


Rand Capital Dividend Yield % Related Terms

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


Rand Capital (Rand Capital) Business Description

Traded in Other Exchanges
N/A
Address
1405 Rand Building, Buffalo, NY, USA, 14203
Rand Capital Corp is a closed-end, diversified management company. The firm's investment objectives is to maximize the total return to the shareholders with current income combined with capital appreciation. Some of its portfolios include lumious, and GiveGab among others.
Executives
Benjamin E Godley director RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203
Adam Samuel Gusky director RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203
Cari L Jaroslawsky director C/O HARTER SECREST & EMERY LLP, 1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Daniel P Penberthy officer: EVP and CFO C/O RAND CAPITAL CORP, 2200 RAND BLDG, BUFFALO NY 14203
Robert M Zak director 250 MAIN STREET, BUFFALO NY 14202
Erland E Kailbourne director C/O RAND CAPITAL CORP, 2200 RAND BUILDING, BUFFFALO NY 14203
Heather Eastgate officer: Chief Compliance Officer C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO NY 14203
East Asset Management, Llc 10 percent owner 777 NW BEACON SQUARE BLVD., BOCA RATON FL 33487
Nancy Marie Stone officer: Chief Compliance Officer C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO NY 14203
Margaret Brechtel officer: EVP, Treas., CFO & Sec. C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO NY 14203
User-friendly Holding, Llc 10 percent owner 10200 GROGANS MILL RD., SUITE 440, THE WOODLANDS TX 77380
User-friendly Phone Book, Llc 10 percent owner 10200 GROGANS MILL RD., SUITE 440, THE WOODLANDS TX 77380
Newman Reginald B Ii director PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225
Utility Service Holding Co., Inc. 10 percent owner P.O. BOX 240, WARTHEN GA 31094
Colmac Holdings Ltd 10 percent owner 8 KING STREET EAST, SUITE 1901, TORONTO A6 M5C 1B5