What is Guggenheim Active Allocation Fund Dividend Payout Ratio?
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Guggenheim Active Allocation Fund's Dividend Payout Ratio for the
months ended in Nov. 2024 was 0.58.
The historical rank and industry rank for Guggenheim Active Allocation Fund's Dividend Payout Ratio or its related term are showing as below:
GUG'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.59 Med: 0.68 Max: 0.68
Current: 0.59
During the past 3 years, the highest Dividend Payout Ratio of Guggenheim Active Allocation Fund was 0.68. The lowest was 0.59. And the median was 0.68.
GUG's Dividend Payout Ratio is ranked better than 60% of 970
companies
in the Asset Management industry
Industry Median: 0.75
vs GUG: 0.59
During the past 3 years, the highest Trailing Annual Dividend Yield of Guggenheim Active Allocation Fund was 11.13%. The lowest was 8.69%. And the median was 9.56%.
* 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 Active Allocation Fund Dividend Payout Ratio Chart
Guggenheim Active Allocation Fund Annual Data
Trend
May22
May23
May24
Dividend Payout Ratio
-
-
0.68
Guggenheim Active Allocation Fund Semi-Annual Data
Competitive Comparison of Guggenheim Active Allocation Fund's Dividend Payout Ratio
For the Asset Management subindustry, Guggenheim Active Allocation Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Active Allocation Fund's Dividend Payout Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Guggenheim Active Allocation Fund's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Guggenheim Active Allocation Fund's Dividend Payout Ratio falls into.
Guggenheim Active Allocation Fund Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* 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 Active Allocation Fund (NYSE:GUG) Dividend Payout Ratio Explanation
In dividends investing, Dividend 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.
Guggenheim Active Allocation Fund Dividend Payout Ratio Related Terms
Thank you for viewing the detailed overview of Guggenheim Active Allocation Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Guggenheim Active Allocation Fund Business Description
Guggenheim Active Allocation Fund is a diversified closed-end management investment company. The fund's investment objective is to maximize total return through a combination of current income and capital appreciation. The company invests in both fixed-income and other debt instruments selected from a variety of sectors and credit qualities, and may also invest in equities. It uses tactical asset allocation models to determine the optimal allocation of its assets between fixed-income and equity securities. A majority of its investments are made in corporate bonds and the rest in senior floating rate interests, asset-backed securities, preferred stocks, and other securities.
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