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Pioneer Floating Rate Trust Dividend Yield %

: 7.24% (As of Today)
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As of today (2020-09-26), the Trailing Annual Dividend Yield of Pioneer Floating Rate Trust is 7.24%.

NYSE:PHD' s Dividend Yield % Range Over the Past 10 Years
Min: 6.12   Med: 7.31   Max: 11.1
Current: 7.24

6.12
11.1

During the past 3 years, the highest Dividend Yield of Pioneer Floating Rate Trust was 11.10%. The lowest was 6.12%. And the median was 7.31%.

NYSE:PHD's Dividend Yield % is ranked higher than
65% of the 1233 Companies
in the Asset Management industry.

( Industry Median: 5.30 vs. NYSE:PHD: 7.24 )

Pioneer Floating Rate Trust's Dividend Payout Ratio for the six months ended in May. 2020 was 0.00.

Warning Sign:

If a company dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Pioneer Floating Rate Trust is 1.509, which seems too high.

During the past 3 years, the highest Dividend Payout Ratio of Pioneer Floating Rate Trust was 1.51. The lowest was 1.29. And the median was 1.40.

As of today (2020-09-26), the Forward Dividend Yield % of Pioneer Floating Rate Trust is 7.31%.

Pioneer Floating Rate Trust's Dividends per Share for the six months ended in May. 2020 was $0.25.

During the past 12 months, Pioneer Floating Rate Trust's average Dividends Per Share Growth Rate was 21.20% per year.

The growth rate is calculated with least square regression.

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


Pioneer Floating Rate Trust Dividend Yield % Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Pioneer Floating Rate Trust Annual Data
Nov17 Nov18 Nov19
Dividend Yield % 0.00 6.92 6.98

Pioneer Floating Rate Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20
Dividend Yield % Premium Member Only 4.74 6.92 6.98 6.98 8.33

Competitive Comparison
* 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.


Pioneer Floating Rate Trust Dividend Yield % Distribution

* The bar in red indicates where Pioneer Floating Rate Trust's Dividend Yield % falls into.



Pioneer Floating Rate Trust Dividend Yield % Calculation

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

Pioneer Floating Rate Trust Recent Full-Year Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0632020-09-152020-09-162020-09-30Cash DividendmonthlyUSD:USD 1.0000
USD 0.0632020-08-182020-08-192020-08-31Cash DividendmonthlyUSD:USD 1.0000
USD 0.0602020-07-202020-07-212020-07-31Cash DividendmonthlyUSD:USD 1.0000
USD 0.0602020-06-162020-06-172020-06-30Cash DividendmonthlyUSD:USD 1.0000
USD 0.0602020-05-182020-05-192020-05-29Cash DividendmonthlyUSD:USD 1.0000
USD 0.0632020-04-152020-04-162020-04-30Cash DividendmonthlyUSD:USD 1.0000
USD 0.0632020-03-172020-03-182020-03-31Cash DividendmonthlyUSD:USD 1.0000
USD 0.0632020-02-182020-02-192020-02-28Cash DividendmonthlyUSD:USD 1.0000
USD 0.0632019-12-272019-12-302020-01-06Cash DividendmonthlyUSD:USD 1.0000
USD 0.0632019-12-122019-12-132019-12-17Cash DividendmonthlyUSD:USD 1.0000
USD 0.0632019-11-182019-11-192019-11-29Cash DividendmonthlyUSD:USD 1.0000
USD 0.0632019-10-162019-10-172019-10-31Cash DividendmonthlyUSD:USD 1.0000

* 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.

Pioneer Floating Rate Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.747/10.26
=7.28 %

Current Share Price is $10.26.
Pioneer Floating Rate Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.747.

Pioneer Floating Rate Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.756/10.26
=7.37 %

Current Share Price is $10.26.
Pioneer Floating Rate Trust's Dividends per Share for the forward twelve months is calculated as $0.063 * 12 = $0.756.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Pioneer Floating Rate Trust  (NYSE:PHD) 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.


Pioneer Floating Rate Trust Dividend Yield % Related Terms


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