Special Opportunities Fund Dividend
Dividend criteria checks 4/6
Special Opportunities Fund is a dividend paying company with a current yield of 8.59% that is well covered by earnings. Next payment date is on 29th March, 2024 with an ex-dividend date of 19th March, 2024.
Key information
8.6%
Dividend yield
45%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 29 Mar 24 |
| Ex dividend date | 19 Mar 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.29 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
SPE: Distribution Set To Increase In 2024
Dec 29SPE: The Ironic Special Discount, Greater Action Needed
Sep 12Special Opportunities Fund: Opportunistic Investing CEF With Multiple Levels Of Discounts
May 23Special Opportunities Fund dividend declines by 21.2% to $0.0867
Jan 04SPE: Distribution Set To Decline In 2023
Dec 23Special Opportunities Fund declares $0.11 dividend
Oct 05Special Opportunities Fund: Bulldog Investors Show Some Bite Over The Full Cycle
Jul 18Special Opportunities Fund declares $0.11 dividend
Jul 06SPE: Worth A Look At This Unique Fund
Apr 26Act Fast If You Want To Take Advantage Of SPE Tender Offer
Mar 30SPE: Activist Black-Box Fund With A 9% Yield
Feb 27SPE: Deep Discount, Attractive 8.3%+ Distribution And Appealing Portfolio
Aug 08SPE: Latest Announcement - Overall Fund Remains Attractive
Jun 17Special Opportunities Fund declares $0.094 dividend
Jan 05Special Opportunities Fund Adds Optionality To Income Portfolio
Nov 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPE's dividend payments have been volatile in the past 10 years.
Growing Dividend: SPE's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Special Opportunities Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPE) | 8.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (SPE) | n/a |
Notable Dividend: SPE's dividend (8.59%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: SPE's dividend (8.59%) is in the top 25% of dividend payers in the US market (4.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.4%), SPE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.9%), SPE's dividend payments are covered by cash flows.