GAB (Gabelli Equity Trust) Dividend Payout Ratio : 0.78 (As of Dec. 2024)

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What is Gabelli Equity Trust 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. Gabelli Equity Trust's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.78.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Gabelli Equity Trust Inc is 0.95, which seems too high.

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

GAB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.62 Max: 0.95
Current: 0.95

During the past 9 years, the highest Dividend Payout Ratio of Gabelli Equity Trust was 0.95. The lowest was 0.11. And the median was 0.62.

GAB's Dividend Payout Ratio is ranked worse than
69.83% of 1021 companies
in the Asset Management industry
Industry Median: 0.58 vs GAB: 0.95

As of today (2025-04-25), the Dividend Yield % of Gabelli Equity Trust is 11.13%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Gabelli Equity Trust was 15.92%. The lowest was 2.41%. And the median was 10.44%.

Gabelli Equity Trust's Dividends per Share for the months ended in Dec. 2024 was $0.30.

During the past 3 years, the average Dividends Per Share Growth Rate was -1.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.10% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Gabelli Equity Trust was 55.40% per year. The lowest was -1.60% per year. And the median was -0.50% per year.

The growth rate is calculated with least square regression.

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.

Gabelli Equity Trust Dividend Payout Ratio Historical Data

The historical data trend for Gabelli Equity Trust'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.

Gabelli Equity Trust Dividend Payout Ratio Chart

Gabelli Equity Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.94

0.47

0.77

0.91

Gabelli Equity Trust Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial											0.63	0.54	1.56	1.20	0.78

Competitive Comparison of Gabelli Equity Trust's Dividend Payout Ratio

For the Asset Management subindustry, Gabelli Equity Trust'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.

Gabelli Equity Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Gabelli Equity Trust's Dividend Payout Ratio falls into.

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Gabelli Equity Trust Dividend Payout Ratio Calculation

Gabelli Equity Trust's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2024 )	/	EPS without NRI (A: Dec. 2024 )
	=	0.6	/	0.66
	=	0.91

Gabelli Equity Trust's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	0.3	/	0.384
	=	0.78

Gabelli Equity Trust (NYSE:GAB) 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.

Gabelli Equity Trust Dividend Payout Ratio Related Terms

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

Gabelli Equity Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Equity Trust Inc (NYSE:GAB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

GABpK.PFD:USA GABpH.PFD:USA GABpG.PFD:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Equity Trust Inc is a non-diversified closed-end management investment company. Its primary investment objective is the long-term growth of capital with income as a secondary objective. The Fund invests at least its assets in equity securities under normal market conditions. Its equity portfolio includes common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities selected by the Investment Adviser. The company invests in various sectors, of which Food & Beverage, Financial Services, Equipment and Supplies, Entertainment, Consumer Products, Health Care, Diversified Industrial, Business Services, Consumer Services and others.

Executives

Mario J Gabelli	director	191 MASON STREET, GREENWICH CT 06830
Laura Linehan	director	C/O ONE CORPORATE CENTER, RYE, NY, RYE NY 10580
Elizabeth C Bogan	director	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Leslie Fahrenkopf Foley	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn	director
Salvatore J Zizza	director	810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Ferrantino Michael J Jr	director	12 MARTINGALE LANE, ANDOVER MA 01810
Anthony R Pustorino	director	ONE CORPORATE CENTER, RYE NY 10580
Anthony J Colavita	director	ONE CORPORATE CENTER, RYE NY 10580
William F Heitmann	director	1095 AVENUE OF THE AMERICAS, ROOM 4140, NEW YORK NY 10036-6797
Gamco Investors, Inc. Et Al	other: Owner of Adviser	191 MASON STREET, GREENWICH CT 06830
Arthur V Ferrara	director	ONE CORPORATE CENTER, RYE NY 10580