Gabelli Equity Trust Dividend
Dividend criteria checks 3/6
Gabelli Equity Trust is a dividend paying company with a current yield of 11.28% that is well covered by earnings.
Key information
11.3%
Dividend yield
86%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.72 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GAB.PRH's dividend payments have been volatile in the past 10 years.
Growing Dividend: GAB.PRH's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Gabelli Equity Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GAB.PRH) | 11.3% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Capital Markets) | 2.3% |
Analyst forecast in 3 Years (GAB.PRH) | n/a |
Notable Dividend: GAB.PRH's dividend (11.28%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: GAB.PRH's dividend (11.28%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.2%), GAB.PRH's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (122.4%), GAB.PRH's dividend payments are not well covered by cash flows.