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TEAF (Tortoise Essential Assetsome Term) Dividends per Share : $1.08 (TTM As of May. 2024)


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What is Tortoise Essential Assetsome Term Dividends per Share?

Tortoise Essential Assetsome Term's dividends per share for the six months ended in May. 2024 was $0.54. Its dividends per share for the trailing twelve months (TTM) ended in May. 2024 was $1.08. Its Dividend Payout Ratio for the six months ended in May. 2024 was 1.00. As of today, Tortoise Essential Assetsome Term's Dividend Yield % is 8.59%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tortoise Essential Assets Income Term is 3.09, which seems too high.

During the past 3 years, the average Dividends Per Share Growth Rate was -0.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of Tortoise Essential Assetsome Term was 11.40% per year. The lowest was -0.60% per year. And the median was 5.40% per year.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Tortoise Essential Assetsome Term Dividends per Share Historical Data

The historical data trend for Tortoise Essential Assetsome Term's Dividends per Share 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.

Tortoise Essential Assetsome Term Dividends per Share Chart

Tortoise Essential Assetsome Term Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23
Dividends per Share
0.76 1.10 0.90 1.05 1.08

Tortoise Essential Assetsome Term Semi-Annual Data
May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.51 0.54 0.54 0.54 0.54

Competitive Comparison of Tortoise Essential Assetsome Term's Dividends per Share

For the Asset Management subindustry, Tortoise Essential Assetsome Term'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.


Tortoise Essential Assetsome Term's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Essential Assetsome Term's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tortoise Essential Assetsome Term's Dividend Yield % falls into.



Tortoise Essential Assetsome Term Dividends per Share Calculation

Dividends paid to per common share.


Tortoise Essential Assetsome Term  (NYSE:TEAF) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Tortoise Essential Assetsome Term's Dividend Payout Ratio for the quarter that ended in May. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: May. 2024 )/ EPS without NRI (Q: May. 2024 )
=0.54/ 0.54
=1.00

During the past 5 years, the highest Dividend Payout Ratio of Tortoise Essential Assetsome Term was 3.89. The lowest was 0.41. And the median was 2.15.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tortoise Essential Assets Income Term is 3.09, which seems too high.

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

Tortoise Essential Assetsome Term Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0900002024-11-222024-11-222024-11-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-10-242024-10-242024-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-09-232024-09-232024-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-08-232024-08-232024-08-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-07-242024-07-242024-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-06-212024-06-212024-06-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-05-232024-05-242024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-04-222024-04-232024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-03-212024-03-222024-03-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-02-212024-02-222024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-01-232024-01-242024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002023-12-212023-12-222023-12-29Cash 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.


Tortoise Essential Assetsome Term's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.08/12.58
=8.59 %

Current Share Price is $12.58.
Tortoise Essential Assetsome Term's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.08.

During the past 5 years, the highest Dividend Yield of Tortoise Essential Assetsome Term was 9.61%. The lowest was 4.44%. And the median was 7.63%.

* 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.


Tortoise Essential Assetsome Term Dividends per Share Related Terms

Thank you for viewing the detailed overview of Tortoise Essential Assetsome Term's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Tortoise Essential Assetsome Term Business Description

Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
Tortoise Essential Assets Income Term is a US-based non-diversified, closed-end management investment company. Its investment objective is to provide common shareholders with a high level of total return with an emphasis on current distributions.
Executives
Ciccotello Conrad S director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Katherine Moore officer: President, other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Jennifer Paquette director 5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer director, other: MEMBER, INVESTMENT COMMITTEE 5100 W. 115TH PLACE, LEAWOOD KS 66211
Alexandra Herger director 5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams officer: CFO, PFO & TREASURER 5100 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney director 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Sean Paul Wickliffe officer: Vice President & Asst Treas. 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Gregory Daniel Murphy other: Member of Investment Committee 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Prashanth Prakash other: Member of Investment Committee 15 RIVER ROAD, WILTON CT 06897
Lamaze Jean-hugues De other: Member of Investment Committee C/O 5100 W. 115TH PLACE, LEAWOOD KS 66211
Maneesh Jhunjhunwala other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Gary Paul Henson other: DIR.; MEMBER OF INV. COMM.^ 5100 W. 115TH PLACE, LEAWOOD KS 66211
Ryan Channell officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Gengler Courtney officer: Vice President 5200 W. 115TH PLACE, LEAWOOD KS 66211