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Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Dividend Payout Ratio : 0.94 (As of Nov. 2023)


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What is Mfs Intermediate Highome Fund Dividend Payout Ratio?

Mfs Intermediate Highome Fund's dividend payout ratio for the months ended in Nov. 2023 was 0.94.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mfs Intermediate High Income Fund is 1.15, which seems too high.

The historical rank and industry rank for Mfs Intermediate Highome Fund's Dividend Payout Ratio or its related term are showing as below:

CIF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.15   Max: 2.9
Current: 1.15


During the past 7 years, the highest Dividend Payout Ratio of Mfs Intermediate Highome Fund was 2.90. The lowest was 0.71. And the median was 1.15.

CIF's Dividend Payout Ratio is ranked worse than
70.63% of 950 companies
in the Asset Management industry
Industry Median: 0.805 vs CIF: 1.15

As of today (2024-05-20), the Dividend Yield % of Mfs Intermediate Highome Fund is 10.30%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Mfs Intermediate Highome Fund was 13.89%. The lowest was 6.82%. And the median was 10.12%.

Mfs Intermediate Highome Fund's Dividends per Share for the months ended in Nov. 2023 was $0.09.

During the past 12 months, Mfs Intermediate Highome Fund's average Dividends Per Share Growth Rate was -9.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.10% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Mfs Intermediate Highome Fund was -2.60% per year. The lowest was -9.10% per year. And the median was -6.35% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Mfs Intermediate Highome Fund Dividend Payout Ratio Historical Data

The historical data trend for Mfs Intermediate Highome Fund's Dividend Payout Ratio can be seen below:

* 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.

Mfs Intermediate Highome Fund Dividend Payout Ratio Chart

Mfs Intermediate Highome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.71 1.64 2.90 - 1.15

Mfs Intermediate Highome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 1.45 0.94

Competitive Comparison of Mfs Intermediate Highome Fund's Dividend Payout Ratio

For the Asset Management subindustry, Mfs Intermediate Highome 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.


Mfs Intermediate Highome Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mfs Intermediate Highome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mfs Intermediate Highome Fund's Dividend Payout Ratio falls into.



Mfs Intermediate Highome Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Mfs Intermediate Highome Fund's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Nov. 2023 )/ EPS without NRI (A: Nov. 2023 )
=0.172/ 0.15
=1.15

Mfs Intermediate Highome Fund's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2023 )/ EPS without NRI (Q: Nov. 2023 )
=0.085/ 0.09
=0.94

* 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.


Mfs Intermediate Highome Fund (NYSE:CIF) Dividend Payout Ratio Explanation

In dividends investing, 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.


Mfs Intermediate Highome Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Mfs Intermediate Highome Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
Mfs Intermediate High Income Fund is a United States based diversified closed-end management investment company. Its investment objective is to seek high current income but may also consider capital appreciation. The fund invests a majority of its net assets, including borrowings for investment purposes, in high-income debt instruments. Its portfolio of investments includes investment in different sectors such as aerospace, automotive, broadcasting, building, business services, cable TV, chemicals, construction, and other sectors.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Jacques Jr Goulet other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael Skatrud other: Portfolio Manager MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 01760
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain other: Officer of Advisor MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John A Caroselli director ONE METROTECH CENTER, BROOKLYN NY 11201
Heidi Hardin officer: Secretary MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Christopher R. Bohane officer: Assistant Secretary 111 HUNTINGTON AVENUE, BOSTON MA 02199

Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Headlines