Rand Capital (Rand Capital) Dividend Payout Ratio : 0.60 (As of Dec. 2023)

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What is Rand Capital Dividend Payout Ratio?

Rand Capital's dividend payout ratio for the months ended in Dec. 2023 was 0.60.

The historical rank and industry rank for Rand Capital's Dividend Payout Ratio or its related term are showing as below:

RAND' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.38 Max: 4.03
Current: 0.38

During the past 13 years, the highest Dividend Payout Ratio of Rand Capital was 4.03. The lowest was 0.07. And the median was 0.38.

RAND's Dividend Payout Ratio is ranked better than
79.32% of 938 companies
in the Asset Management industry
Industry Median: 0.82 vs RAND: 0.38

As of today (2024-04-30), the Dividend Yield % of Rand Capital is 7.10%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Rand Capital was 10.72%. The lowest was 2.33%. And the median was 6.02%.

Rand Capital's Dividends per Share for the months ended in Dec. 2023 was $0.25.

During the past 12 months, Rand Capital's average Dividends Per Share Growth Rate was 46.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Rand Capital was -10.60% per year. The lowest was -10.60% per year. And the median was -10.60% per year.

The growth rate is calculated with least square regression.

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

Rand Capital Dividend Payout Ratio Historical Data

The historical data trend for Rand Capital'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.

Rand Capital Dividend Payout Ratio Chart

Rand Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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4.03

0.07

0.38

Rand Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.54	0.24	0.24	1.09	0.60

Competitive Comparison of Rand Capital's Dividend Payout Ratio

For the Asset Management subindustry, Rand Capital'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.

Rand Capital's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Rand Capital's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Rand Capital's Dividend Payout Ratio falls into.

Rand Capital Dividend Payout Ratio Calculation

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

Rand Capital's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.95	/	2.53
	=	0.38

Rand Capital's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.25	/	0.42
	=	0.60

Rand Capital (NAS:RAND) 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.

Rand Capital Dividend Payout Ratio Related Terms

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

Rand Capital (Rand Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Rand Capital Corp (NAS:RAND) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1405 Rand Building, Buffalo, NY, USA, 14203

Website

https://www.randcapital.com

Rand Capital Corp is a closed-end, diversified management company. The firm's investment objectives is to maximize the total return to the shareholders with current income combined with capital appreciation. Some of its portfolios include lumious, and GiveGab among others.

Executives

Benjamin E Godley	director	RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203
Adam Samuel Gusky	director	RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203
Cari L Jaroslawsky	director	C/O HARTER SECREST & EMERY LLP, 1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Daniel P Penberthy	officer: EVP and CFO	C/O RAND CAPITAL CORP, 2200 RAND BLDG, BUFFALO NY 14203
Robert M Zak	director	250 MAIN STREET, BUFFALO NY 14202
Erland E Kailbourne	director	C/O RAND CAPITAL CORP, 2200 RAND BUILDING, BUFFFALO NY 14203
Heather Eastgate	officer: Chief Compliance Officer	C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO NY 14203
East Asset Management, Llc	10 percent owner	777 NW BEACON SQUARE BLVD., BOCA RATON FL 33487
Nancy Marie Stone	officer: Chief Compliance Officer	C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO NY 14203
Margaret Brechtel	officer: EVP, Treas., CFO & Sec.	C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO NY 14203
User-friendly Holding, Llc	10 percent owner	10200 GROGANS MILL RD., SUITE 440, THE WOODLANDS TX 77380
User-friendly Phone Book, Llc	10 percent owner	10200 GROGANS MILL RD., SUITE 440, THE WOODLANDS TX 77380
Newman Reginald B Ii	director	PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225
Utility Service Holding Co., Inc.	10 percent owner	P.O. BOX 240, WARTHEN GA 31094
Colmac Holdings Ltd	10 percent owner	8 KING STREET EAST, SUITE 1901, TORONTO A6 M5C 1B5