GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Guggenheim Strategic Opportunities Fund (NYSE:GOF) » Definitions » Dividend Yield %

Guggenheim Strategic Opportunities Fund (Guggenheim Strategic Opportunities Fund) Dividend Yield %

: 15.52% (As of Today)
View and export this data going back to . Start your Free Trial

As of today (2024-04-18), the Trailing Annual Dividend Yield of Guggenheim Strategic Opportunities Fund is 15.52%.

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

GOF' s Dividend Yield % Range Over the Past 10 Years
Min: 9.86   Med: 11.63   Max: 18.45
Current: 15.52

During the past 7 years, the highest Dividend Yield of Guggenheim Strategic Opportunities Fund was 18.45%. The lowest was 9.86%. And the median was 11.63%.

GOF's Dividend Yield % is ranked better than
97.04% of 1217 companies
in the Asset Management industry
Industry Median: 5.66 vs GOF: 15.52

Guggenheim Strategic Opportunities Fund's Dividend Payout Ratio for the six months ended in Nov. 2023 was 1.42.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Guggenheim Strategic Opportunities Fund is 2.03, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Guggenheim Strategic Opportunities Fund was 10.93. The lowest was 0.49. And the median was 1.43.

As of today (2024-04-18), the Forward Dividend Yield % of Guggenheim Strategic Opportunities Fund is 15.52%.

Guggenheim Strategic Opportunities Fund's Dividends per Share for the six months ended in Nov. 2023 was $1.09.

The growth rate is calculated with least square regression.

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


Guggenheim Strategic Opportunities Fund Dividend Yield % Historical Data

The historical data trend for Guggenheim Strategic Opportunities 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 Strategic Opportunities Fund Annual Data
Trend May17 May18 May19 May20 May21 May22 May23
Dividend Yield %
Premium Member Only Premium Member Only 10.95 13.49 10.46 12.19 13.93

Guggenheim Strategic Opportunities Fund Semi-Annual Data
May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 Premium Member Only 11.65 12.19 13.41 13.93 16.39

Competitive Comparison

For the Asset Management subindustry, Guggenheim Strategic Opportunities 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 Strategic Opportunities Fund Dividend Yield % Distribution

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

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



Guggenheim Strategic Opportunities Fund Dividend Yield % Calculation

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

Guggenheim Strategic Opportunities Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1822024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1822024-03-142024-03-152024-03-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1822024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1822024-01-112024-01-122024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1822023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1822023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1822023-10-122023-10-132023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1822023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1822023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1822023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1822023-06-142023-06-152023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1822023-05-122023-05-152023-05-31Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.184/14.04
=15.56 %

Current Share Price is $14.04.
Guggenheim Strategic Opportunities Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.184.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.184/14.04
=15.56 %

Current Share Price is $14.04.
Guggenheim Strategic Opportunities Fund's Dividends per Share for the forward twelve months is calculated as $0.182 * 12 = $2.184.

* 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 Strategic Opportunities Fund  (NYSE:GOF) 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 Strategic Opportunities Fund Dividend Yield % Related Terms

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


Guggenheim Strategic Opportunities Fund (Guggenheim Strategic Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
227 West Monroe Street, 7th Floor, Chicago, IL, USA, 60606
Guggenheim Strategic Opportunities Fund is a diversified, closed-end management investment company. The investment objective of the firm is to maximize total return through a combination of current income and capital appreciation. The Fund seeks to combine a credit-managed fixed-income portfolio with access to a diversified pool of alternative investments and equity strategies.
Executives
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
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Hollowell Iii Orenzo Perry other: Portfolio Manager 330 MADISON AVENUE, NEW YORK NY 10017
William Rehder officer: Assistant Vice President 227 W MONROE STREET, CHICAGO IL 60606
Lydon Thomas F Jr director, other: Trustee
Sandra G Sponem director, other: Trustee 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
Evan Loring Serdensky other: Portfolio Manager 227 WEST MONROE STREET, CHICAGO IL 60606
B. Scott Minerd other: Chief Investment Officer 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Roman Iii Friedrich director, other: Trustee and Chairman 920-800 WEST PENDER STREET, VANCOUVER A1 V6C 2V6
Maynard F. Oliverius director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Jon Szafran officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Adam Bloch other: portfolio manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Brian E. Binder officer: President and CEO C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
Keith David Kemp officer: Assistant Treasurer MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019