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abrdnome Credit Strategies Fund (abrdnome Credit Strategies Fund) Dividend Yield % : 18.55% (As of Apr. 25, 2024)


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What is abrdnome Credit Strategies Fund Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of abrdnome Credit Strategies Fund is 18.55%.

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

ACP' s Dividend Yield % Range Over the Past 10 Years
Min: 9.9   Med: 12.57   Max: 22.5
Current: 18.55

During the past 7 years, the highest Dividend Yield of abrdnome Credit Strategies Fund was 22.50%. The lowest was 9.90%. And the median was 12.57%.

ACP's Dividend Yield % is ranked better than
98.27% of 1215 companies
in the Asset Management industry
Industry Median: 5.63 vs ACP: 18.55

abrdnome Credit Strategies Fund's Dividend Payout Ratio for the six months ended in Oct. 2023 was 6.90.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of abrdn Income Credit Strategies Fund is 1.18, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of abrdnome Credit Strategies Fund was 4.89. The lowest was 0.57. And the median was 0.93.

As of today (2024-04-25), the Forward Dividend Yield % of abrdnome Credit Strategies Fund is 18.55%.

abrdnome Credit Strategies Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.60.

During the past 3 years, the average Dividends Per Share Growth Rate was -5.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.30% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of abrdnome Credit Strategies Fund was -0.90% per year. The lowest was -5.90% per year. And the median was -4.05% per year.

The growth rate is calculated with least square regression.

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


abrdnome Credit Strategies Fund Dividend Yield % Historical Data

The historical data trend for abrdnome Credit Strategies 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.

abrdnome Credit Strategies Fund Dividend Yield % Chart

abrdnome Credit Strategies Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
Get a 7-Day Free Trial 12.71 15.25 10.62 18.84 20.76

abrdnome Credit Strategies Fund Semi-Annual Data
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 10.62 12.71 18.84 17.83 20.76

Competitive Comparison of abrdnome Credit Strategies Fund's Dividend Yield %

For the Asset Management subindustry, abrdnome Credit Strategies 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.


abrdnome Credit Strategies Fund's Dividend Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where abrdnome Credit Strategies Fund's Dividend Yield % falls into.



abrdnome Credit Strategies Fund Dividend Yield % Calculation

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

abrdnome Credit Strategies Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1002024-04-222024-04-232024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002024-03-202024-03-212024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002024-02-212024-02-222024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002024-01-232024-01-242024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-12-282023-12-292024-01-10Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-11-212023-11-222023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-10-232023-10-242023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-09-212023-09-222023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-08-232023-08-242023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-07-212023-07-242023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-06-222023-06-232023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-05-182023-05-192023-05-31Cash 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.

abrdnome Credit Strategies Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.2/6.47
=18.55 %

Current Share Price is $6.47.
abrdnome Credit Strategies Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.2.

abrdnome Credit Strategies Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.2/6.47
=18.55 %

Current Share Price is $6.47.
abrdnome Credit Strategies Fund's Dividends per Share for the forward twelve months is calculated as $0.1 * 12 = $1.2.

* 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.


abrdnome Credit Strategies Fund  (NYSE:ACP) 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.


abrdnome Credit Strategies Fund Dividend Yield % Related Terms

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


abrdnome Credit Strategies Fund (abrdnome Credit Strategies Fund) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
abrdn Income Credit Strategies Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It predominantly invests in debt and loan instruments of issues that operate in a variety of industries and geographic regions.
Executives
Peter Branner other: Other - Director of Adviser C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Jaclyn Marie Matsick other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Xavier Meyer other: Director of 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
Marika Tooze other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Grant Thomas Hotson other: Director of Adviser 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Matthew J. Kence 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
Robert W. Hepp 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
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Heather Hasson officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Neil Andrew Slater other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022