Dividend Select 15 (Dividend Select 15) Dividend Payout Ratio : 0.00 (As of Nov. 2022)

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What is Dividend Select 15 Dividend Payout Ratio?

Dividend Select 15's dividend payout ratio for the months ended in Nov. 2022 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dividend Select 15 Corp is 7.71, which seems too high.

The historical rank and industry rank for Dividend Select 15's Dividend Payout Ratio or its related term are showing as below:

DVVDF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.79 Max: 9.72
Current: 6.49

During the past 12 years, the highest Dividend Payout Ratio of Dividend Select 15 was 9.72. The lowest was 0.42. And the median was 0.79.

DVVDF's Dividend Payout Ratio is ranked worse than
97.24% of 943 companies
in the Asset Management industry
Industry Median: 0.79 vs DVVDF: 6.49

As of today (2024-06-10), the Dividend Yield % of Dividend Select 15 is 10.35%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Dividend Select 15 was 15.27%. The lowest was 6.49%. And the median was 9.68%.

Dividend Select 15's Dividends per Share for the months ended in Nov. 2022 was $0.30.

During the past 12 months, Dividend Select 15's average Dividends Per Share Growth Rate was -20.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.70% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Dividend Select 15 was 11.80% per year. The lowest was -6.50% per year. And the median was 0.80% per year.

The growth rate is calculated with least square regression.

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

Dividend Select 15 Dividend Payout Ratio Historical Data

The historical data trend for Dividend Select 15's Dividend Payout Ratio 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.

Dividend Select 15 Dividend Payout Ratio Chart

Dividend Select 15 Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Dividend Payout Ratio

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0.74

0.42

9.70

Dividend Select 15 Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	Nov23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.28	0.70	1.38	-	-

Competitive Comparison of Dividend Select 15's Dividend Payout Ratio

For the Asset Management subindustry, Dividend Select 15'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.

Dividend Select 15's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend Select 15's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Dividend Select 15's Dividend Payout Ratio falls into.

Dividend Select 15 Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Dividend Select 15's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Nov. 2023 )	/	EPS without NRI (A: Nov. 2023 )
	=	0.506	/	-0.109
	=	N/A

Dividend Select 15's Dividend Payout Ratio for the quarter that ended in Nov. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Nov. 2022 )	/	EPS without NRI (Q: Nov. 2022 )
	=	0.304	/	-0.186
	=	N/A

Dividend Select 15 (OTCPK:DVVDF) Dividend Payout Ratio Explanation

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.

Dividend Select 15 Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Dividend Select 15's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Dividend Select 15 (Dividend Select 15) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend Select 15 Corp (OTCPK:DVVDF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

DS:Canada

Address

200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2

Website

https://www.quadravest.com

Dividend Select 15 Corp is a mutual fund corporation based in Canada. The company invests in an actively managed portfolio of common shares of core large-capitalization Canadian companies selected from a portfolio universe of over 20 companies. The company employs an active covered call writing program to enhance the income earned from the portfolio.

Dividend Select 15 (Dividend Select 15) Headlines

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