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Blue Ribbonome Fund (TSX:RBN.UN) Dividend Yield % : 6.29% (As of May. 27, 2024)


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What is Blue Ribbonome Fund Dividend Yield %?

As of today (2024-05-27), the Trailing Annual Dividend Yield of Blue Ribbonome Fund is 6.29%.

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

TSX:RBN.UN' s Dividend Yield % Range Over the Past 10 Years
Min: 5.5   Med: 7.19   Max: 17.16
Current: 6.29

During the past 13 years, the highest Dividend Yield of Blue Ribbonome Fund was 17.16%. The lowest was 5.50%. And the median was 7.19%.

TSX:RBN.UN's Dividend Yield % is ranked better than
55.51% of 1216 companies
in the Asset Management industry
Industry Median: 5.54 vs TSX:RBN.UN: 6.29

Blue Ribbonome Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.75.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Blue Ribbon Income Fund is 0.75, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Blue Ribbonome Fund was 2.50. The lowest was 0.28. And the median was 0.36.

As of today (2024-05-27), the Forward Dividend Yield % of Blue Ribbonome Fund is 6.29%.

Blue Ribbonome Fund's Dividends per Share for the six months ended in Dec. 2023 was C$0.24.

During the past 3 years, the average Dividends Per Share Growth Rate was -2.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -9.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Blue Ribbonome Fund was 100.00% per year. The lowest was -52.50% per year. And the median was -6.25% per year.

The growth rate is calculated with least square regression.

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


Blue Ribbonome Fund Dividend Yield % Historical Data

The historical data trend for Blue Ribbonome 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.

Blue Ribbonome Fund Dividend Yield % Chart

Blue Ribbonome Fund 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 7.23 6.82 5.53 6.50 6.44

Blue Ribbonome Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 5.53 6.27 6.50 6.50 6.44

Competitive Comparison of Blue Ribbonome Fund's Dividend Yield %

For the Asset Management subindustry, Blue Ribbonome 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.


Blue Ribbonome Fund's Dividend Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where Blue Ribbonome Fund's Dividend Yield % falls into.



Blue Ribbonome Fund Dividend Yield % Calculation

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

Blue Ribbonome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0400002024-04-292024-04-302024-05-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0400002024-03-272024-03-282024-04-12Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0400002024-02-282024-02-292024-03-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0400002024-01-302024-01-312024-02-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0400002023-12-282023-12-292024-01-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0400002023-11-292023-11-302023-12-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0400002023-10-302023-10-312023-11-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0400002023-09-282023-09-292023-10-16Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0400002023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0400002023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0400002023-06-292023-06-302023-07-17Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0400002023-05-302023-05-312023-06-14Cash DividendmonthlyCAD:CAD 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.

Blue Ribbonome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.48/7.63
=6.29 %

Current Share Price is C$7.63.
Blue Ribbonome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.48.

Blue Ribbonome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.48/7.63
=6.29 %

Current Share Price is C$7.63.
Blue Ribbonome Fund's Dividends per Share for the forward twelve months is calculated as C$0.04 * 12 = C$0.48.

* 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.


Blue Ribbonome Fund  (TSX:RBN.UN) 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.


Blue Ribbonome Fund Dividend Yield % Related Terms

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


Blue Ribbonome Fund (TSX:RBN.UN) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Brookfield Place, Suite 2930, Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Blue Ribbon Income Fund is a is a mutual fund trust. The fund aims to provide a high level of monthly distributions and the opportunity to participate in capital gains by actively managing a portfolio of publicly listed or traded securities, including income trusts, royalty trusts, real estate investment trusts, common shares, preferred securities, and debt instruments. Its Consumer Staples and Discretionary, Financial, Industrials, Pipes, Power, Utilities, Infrastructure, Real Estate, and others are securities by market segment.

Blue Ribbonome Fund (TSX:RBN.UN) Headlines

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