GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Miller/Howard High Income Equity Fund (NYSE:HIE) » Definitions » 3-Year Dividend Growth Rate

Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) 3-Year Dividend Growth Rate : -10.70% (As of Oct. 2023)


View and export this data going back to . Start your Free Trial

What is Miller/Howard Highome Equity Fund 3-Year Dividend Growth Rate?

Miller/Howard Highome Equity Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.31.

The historical rank and industry rank for Miller/Howard Highome Equity Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

HIE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -26.2   Med: -20.1   Max: -10.7
Current: -10.7

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Miller/Howard Highome Equity Fund was -10.70% per year. The lowest was -26.20% per year. And the median was -20.10% per year.

HIE's 3-Year Dividend Growth Rate is ranked worse than
86% of 864 companies
in the Asset Management industry
Industry Median: 1.85 vs HIE: -10.70

During the past 12 months, Miller/Howard Highome Equity Fund's average Dividends Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -18.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Miller/Howard Highome Equity Fund's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00. As of today, Miller/Howard Highome Equity Fund's Dividend Yield % is 5.53%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Miller/Howard High Income Equity Fund is 6.12, which seems too high.

Warning Sign:

Miller/Howard High Income Equity Fund stock dividend yield is close to 10-year low.

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


Competitive Comparison of Miller/Howard Highome Equity Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Miller/Howard Highome Equity Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Miller/Howard Highome Equity Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Miller/Howard Highome Equity Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Miller/Howard Highome Equity Fund's 3-Year Dividend Growth Rate falls into.



Miller/Howard Highome Equity Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Miller/Howard Highome Equity Fund  (NYSE:HIE) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Miller/Howard Highome Equity Fund's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0.306/ -0.27
=N/A

During the past 7 years, the highest Dividend Payout Ratio of Miller/Howard Highome Equity Fund was 6.12. The lowest was 0.12. And the median was 1.21.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Miller/Howard High Income Equity Fund is 6.12, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Miller/Howard Highome Equity Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0510002024-05-232024-05-242024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002024-04-222024-04-232024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002024-03-202024-03-212024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002024-02-212024-02-222024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002024-01-232024-01-242024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-12-212023-12-222023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-11-212023-11-222023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-10-232023-10-242023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-09-212023-09-222023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-08-232023-08-242023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-07-212023-07-242023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0510002023-06-222023-06-232023-06-30Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Miller/Howard Highome Equity Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.612/11.04
=5.54 %

Current Share Price is $11.04.
Miller/Howard Highome Equity Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.612.

During the past 7 years, the highest Dividend Yield of Miller/Howard Highome Equity Fund was 28.47%. The lowest was 5.02%. And the median was 10.23%.

Warning Sign:

Miller/Howard High Income Equity Fund stock dividend yield is close to 10-year low.

* 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.


Miller/Howard Highome Equity Fund 3-Year Dividend Growth Rate Related Terms>


Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
45 Pine Grove Avenue, Suite 301, Kingston, NY, USA, 12401
Miller/Howard High Income Equity Fund is a closed-end, diversified management investment company. The fund's primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It invests under normal market conditions, a majority of its total assets in dividend or distribution paying equity securities of U.S. companies and non-U.S. companies traded on U.S. exchanges. Its portfolio of investments consists of securities of different sectors such as Natural Gas Transmission, Real Estate Investment Trusts, Petroleum Refining, Oil and Gas Extraction, Electric Services and others.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Paul Charles Kazarian director C/O SABA CAPITAL MANAGEMENT, L.P., 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
James E Hillman director 10 DIXON AVENUE, WOODSTOCK NY 12498
Eva M Horowitz officer: Secretary 45 PINE GROVE AVENUE, SUITE 301, KINGSTON NY 12401
Sacco Mayra director 10 DIXON AVE, WOODSTOCK NY 12498
Catherine Mari Johnston director, officer: President 10 DIXON AVE, WOODSTOCK NY 12498
Dana Troxell officer: President C/O MILLER/HOWARD HIGH EQUITY INCOME FND, P.O. BOX 549, WOODSTOCK NY 12498
Lowell Miller officer: Chief Executive Officer PO BOX 549, WOODSTOCK NY 12498
Roger Conrad director 3516 HALCYON DRIVE, ALEXANDRIA VA 22305
Charles I Leone director C/O US WIRELESS DATA INC, 805 THIRD AVENUE, NEW YORK NY 10022
Paul Brook officer: Chief Compliance Officer MILLER/HOWARD HIGH EQUITY INCOME FUND, P.O. BOX 549, WOODSTOCK NY 12498
Helen Hamada officer: Chief Financial Officer PO BOX 549, WOODSTOCK NY 12498
Annemarie Gilly officer: Chief Operating Officer PO BOX 549, WOODSTOCK NY 12498
Leslie John E Iii officer: Vice President MILLER/HOWARD HIGH EQUITY INCOME FUND, P.O. BOX 549, WOODSTOCK NY 12498

Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Headlines