If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Guggenheim Strategic Opportunities Fund is 1.15, which seems too high.
GOF'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.49 Med: 1.32 Max: 10.93
Current: 1.15
During the past 8 years, the highest Dividend Payout Ratio of Guggenheim Strategic Opportunities Fund was 10.93. The lowest was 0.49. And the median was 1.32.
GOF's Dividend Payout Ratio is ranked worse than 78.16% of 1021
companies
in the Asset Management industry
Industry Median: 0.58
vs GOF: 1.15
During the past 8 years, the highest Trailing Annual Dividend Yield of Guggenheim Strategic Opportunities Fund was 18.45%. The lowest was 9.86%. And the median was 11.93%.
* 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 Strategic Opportunities Fund Dividend Payout Ratio Chart
Guggenheim Strategic Opportunities Fund Annual Data
Competitive Comparison of Guggenheim Strategic Opportunities Fund's Dividend Payout Ratio
For the Asset Management subindustry, Guggenheim Strategic Opportunities 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 Strategic Opportunities Fund's Dividend Payout Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Guggenheim Strategic Opportunities Fund's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Guggenheim Strategic Opportunities Fund's Dividend Payout Ratio falls into.
Guggenheim Strategic Opportunities 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 Strategic Opportunities Fund (NYSE:GOF) 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 Strategic Opportunities Fund Dividend Payout Ratio Related Terms
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Guggenheim Strategic Opportunities Fund Business Description
Guggenheim Strategic Opportunities Fund is a diversified, closed-end management investment company. The investment objective of the firm is to maximize total return through a combination of current income and capital appreciation. The Fund seeks to combine a credit-managed fixed-income portfolio with access to a diversified pool of alternative investments and equity strategies.
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