First Trust Energy Income and Growth Fund Dividend
Dividend criteria checks 3/6
First Trust Energy Income and Growth Fund is a dividend paying company with a current yield of 7.58% that is well covered by earnings.
Key information
7.6%
Dividend yield
90%
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$1.34 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FEN's dividend payments have been volatile in the past 10 years.
Growing Dividend: FEN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
First Trust Energy Income and Growth Fund Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (FEN) | 7.6% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Capital Markets) | 2.4% |
Analyst forecast in 3 Years (FEN) | n/a |
Notable Dividend: FEN's dividend (7.58%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: FEN's dividend (7.58%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.8%), FEN's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (182.6%), FEN's dividend payments are not well covered by cash flows.