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First Trust New Opportunities MLP & Energy Fund (First Trust New Opportunities MLP & Energy Fund) Dividend Yield %

: 5.90% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of First Trust New Opportunities MLP & Energy Fund is 5.90%.

Warning Sign:

First Trust New Opportunities MLP & Energy Fund stock dividend yield is close to 10-year low.

The historical rank and industry rank for First Trust New Opportunities MLP & Energy Fund's Dividend Yield % or its related term are showing as below:

FPL' s Dividend Yield % Range Over the Past 10 Years
Min: 5.84   Med: 10.9   Max: 25.42
Current: 5.9

During the past 7 years, the highest Dividend Yield of First Trust New Opportunities MLP & Energy Fund was 25.42%. The lowest was 5.84%. And the median was 10.90%.

FPL's Dividend Yield % is ranked better than
52.42% of 1217 companies
in the Asset Management industry
Industry Median: 5.66 vs FPL: 5.90

First Trust New Opportunities MLP & Energy Fund's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.66.

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 New Opportunities MLP & Energy Fund is 0.79, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of First Trust New Opportunities MLP & Energy Fund was 4.50. The lowest was 0.21. And the median was 0.79.

As of today (2024-04-19), the Forward Dividend Yield % of First Trust New Opportunities MLP & Energy Fund is 5.90%.

First Trust New Opportunities MLP & Energy Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.23.

During the past 3 years, the average Dividends Per Share Growth Rate was -11.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -18.60% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of First Trust New Opportunities MLP & Energy Fund was -11.00% per year. The lowest was -27.30% per year. And the median was -20.45% per year.

The growth rate is calculated with least square regression.

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


First Trust New Opportunities MLP & Energy Fund Dividend Yield % Historical Data

The historical data trend for First Trust New Opportunities MLP & Energy 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 New Opportunities MLP & Energy Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
Premium Member Only Premium Member Only 10.39 18.44 7.76 7.40 6.74

First Trust New Opportunities MLP & Energy Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.76 7.39 7.40 7.49 6.74

Competitive Comparison

For the Asset Management subindustry, First Trust New Opportunities MLP & Energy 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 New Opportunities MLP & Energy Fund Dividend Yield % Distribution

For the Asset Management industry and Financial Services sector, First Trust New Opportunities MLP & Energy Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where First Trust New Opportunities MLP & Energy Fund's Dividend Yield % falls into.



First Trust New Opportunities MLP & Energy Fund Dividend Yield % Calculation

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

First Trust New Opportunities MLP & Energy Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0382024-04-012024-04-022024-04-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382024-03-012024-03-042024-03-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382024-02-012024-02-022024-02-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382024-01-022024-01-032024-01-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382023-12-012023-12-042023-12-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382023-11-012023-11-022023-11-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382023-10-022023-10-032023-10-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382023-09-012023-09-052023-09-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382023-08-012023-08-022023-08-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382023-07-032023-07-052023-07-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382023-06-012023-06-022023-06-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0382023-05-012023-05-022023-05-15Cash 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 New Opportunities MLP & Energy Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.456/7.65
=5.96 %

Current Share Price is $7.65.
First Trust New Opportunities MLP & Energy Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.456.

First Trust New Opportunities MLP & Energy Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.456/7.65
=5.96 %

Current Share Price is $7.65.
First Trust New Opportunities MLP & Energy Fund's Dividends per Share for the forward twelve months is calculated as $0.038 * 12 = $0.456.

* 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 New Opportunities MLP & Energy Fund  (NYSE:FPL) 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 New Opportunities MLP & Energy Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of First Trust New Opportunities MLP & Energy Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Trust New Opportunities MLP & Energy Fund (First Trust New Opportunities MLP & Energy Fund) Business Description

Traded in Other Exchanges
N/A
Address
10 Westport Road, Suite C101a, Wilton, CT, USA, 06897
First Trust New Opportunities MLP & Energy Fund is a non-diversified, closed-end management investment company. Its investment objective is to seek a high level of total return with an emphasis on current distributions paid to common shareholders. The fund invests in equity and debt securities of MLPs, MLP-related entities and other energy utility companies.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 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
James Murchie other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
John K Tysseland other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVE., WESTPORT CT 06880
Nandita Hogan other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
Niel B Nielson director 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419
Eva Pao other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
Robert F Keith director C/O 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
Richard E Erickson director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
First Trust Portfolios Lp other: Affiliate-Investment Advisor 12O EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James M Dykas officer: Treasurer C/O FIRST TRUST ADVISORS L.P., 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 New Opportunities MLP & Energy Fund (First Trust New Opportunities MLP & Energy Fund) Headlines

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