Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Dividend
Dividend criteria checks 2/6
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a dividend paying company with a current yield of 10.99%.
Key information
11.0%
Dividend yield
549%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.15 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
MFD: A Nice Infrastructure CEF With International Exposure
Aug 18Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund declares $0.20 dividend
Feb 13Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund declares $0.20 dividend
Nov 11Evaluating CEFs: MFD Lacks Long-Term Coverage Of Generous Distribution
Jun 22Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund declares $0.20 dividend
May 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MFD's dividend payments have been volatile in the past 10 years.
Growing Dividend: MFD's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MFD) | 11.0% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Capital Markets) | 2.4% |
Analyst forecast in 3 Years (MFD) | n/a |
Notable Dividend: MFD's dividend (10.99%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: MFD's dividend (10.99%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (549.2%), MFD's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MFD is paying a dividend but the company has no free cash flows.