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First Trust Enhanced Equityome Fund (First Trust Enhanced Equityome Fund) 5-Year Dividend Growth Rate : 2.60% (As of Dec. 2023)


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What is First Trust Enhanced Equityome Fund 5-Year Dividend Growth Rate?

First Trust Enhanced Equityome Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.63.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.60% 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.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of First Trust Enhanced Equityome Fund was 3.40% per year. The lowest was 1.00% per year. And the median was 3.40% per year.

First Trust Enhanced Equityome Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.53. As of today, First Trust Enhanced Equityome Fund's Dividend Yield % is 6.57%.

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


Competitive Comparison of First Trust Enhanced Equityome Fund's 5-Year Dividend Growth Rate

For the Asset Management subindustry, First Trust Enhanced Equityome Fund's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


First Trust Enhanced Equityome Fund's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Enhanced Equityome Fund's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where First Trust Enhanced Equityome Fund's 5-Year Dividend Growth Rate falls into.



First Trust Enhanced Equityome Fund 5-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 least square regression.

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.


First Trust Enhanced Equityome Fund  (NYSE:FFA) 5-Year Dividend Growth Rate Explanation

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

First Trust Enhanced Equityome Fund'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 )
=0.63/ 1.186
=0.53

During the past 7 years, the highest Dividend Payout Ratio of First Trust Enhanced Equityome Fund was 0.46. The lowest was 0.27. And the median was 0.38.

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

First Trust Enhanced Equityome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3150002024-03-222024-03-252024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.3150002023-12-222023-12-262023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3150002023-09-222023-09-252023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3150002023-06-222023-06-232023-06-30Cash DividendquarterlyUSD: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.

First Trust Enhanced Equityome Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.26/19.165
=6.57 %

Current Share Price is $19.165.
First Trust Enhanced Equityome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.26.

During the past 7 years, the highest Dividend Yield of First Trust Enhanced Equityome Fund was 11.05%. The lowest was 5.29%. And the median was 7.13%.

* 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.


First Trust Enhanced Equityome Fund 5-Year Dividend Growth Rate Related Terms

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First Trust Enhanced Equityome Fund (First Trust Enhanced Equityome Fund) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Enhanced Equity Income Fund is a diversified, closed-end management investment company. Its investment objective is to provide a high level of current income and gains and, to a lesser extent, capital appreciation. The Fund pursues its investment objective by investing in a diversified portfolio of equity securities.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeffrey D Bilsky other: Portfolio Manager-Sub Advisor C/O CHARTWELL INVESTMENT PARTNERS, 1205 WESTLAKES DR., SUITE 100, BERWYN PA 19312
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Douglas W Kugler other: Officer-Investment Sub-Advisor 1235 WESTLAKES DRIVE, SUITE 400, BERWYN PA 19312
Michael Patrick Magee other: Officer-Invest. Sub-Advisor C/O CHARTWELL INVESTMENT PARTNERS, LLC, 1205 WESTLAKES DRIVE, SUITE 100, BERWYN PA 19312
James A Bowen director, officer: President C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Luann Molino other: Officer-Investment Sub-Advisor CHARTWELL INVESTMENT PARTNERS, L.P., 1235 WESTLAKES DRIVE, SUITE 400, BERWYN PA 19312
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Peter M Schofield other: Officer-Investment Sub-Advisor CHARTWELL INVESTMENT PARTNERS, 1235 WESTLAKES DRIVE, SUITE 400, BERWYN PA 19312
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187