BNY Mellon Alcentra Global Creditome 2024 Target Term Fund Dividend Payout Ratio : 0.26 (As of Feb. 2024)

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What is BNY Mellon Alcentra Global Creditome 2024 Target Term Fund Dividend Payout Ratio?

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's dividend payout ratio for the months ended in Feb. 2024 was 0.26.

The historical rank and industry rank for BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's Dividend Payout Ratio or its related term are showing as below:

DCF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 1.91 Max: 20.93
Current: 0.32

During the past 6 years, the highest Dividend Payout Ratio of BNY Mellon Alcentra Global Creditome 2024 Target Term Fund was 20.93. The lowest was 0.32. And the median was 1.91.

DCF's Dividend Payout Ratio is ranked better than
82.26% of 936 companies
in the Asset Management industry
Industry Median: 0.83 vs DCF: 0.32

As of today (2024-05-02), the Dividend Yield % of BNY Mellon Alcentra Global Creditome 2024 Target Term Fund is 5.06%.

During the past 6 years, the highest Trailing Annual Dividend Yield of BNY Mellon Alcentra Global Creditome 2024 Target Term Fund was 10.80%. The lowest was 5.06%. And the median was 7.19%.

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's Dividends per Share for the months ended in Feb. 2024 was $0.21.

During the past 12 months, BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's average Dividends Per Share Growth Rate was -25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.90% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of BNY Mellon Alcentra Global Creditome 2024 Target Term Fund was -2.50% per year. The lowest was -4.90% per year. And the median was -3.70% per year.

The growth rate is calculated with least square regression.

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

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund Dividend Payout Ratio Historical Data

The historical data trend for BNY Mellon Alcentra Global Creditome 2024 Target Term 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.

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund Dividend Payout Ratio Chart

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Dividend Payout Ratio

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3.24

20.93

0.43

0.59

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund Semi-Annual Data
	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Dividend Payout Ratio	Get a 7-Day Free Trial						-	-	0.48	0.41	0.26

Competitive Comparison of BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's Dividend Payout Ratio

For the Asset Management subindustry, BNY Mellon Alcentra Global Creditome 2024 Target Term 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.

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's Dividend Payout Ratio falls into.

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund Dividend Payout Ratio Calculation

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

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's Dividend Payout Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Aug. 2023 )	/	EPS without NRI (A: Aug. 2023 )
	=	0.54	/	0.92
	=	0.59

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2024 )	/	EPS without NRI (Q: Feb. 2024 )
	=	0.21	/	0.82
	=	0.26

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund (NYSE:DCF) 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.

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of BNY Mellon Alcentra Global Creditome 2024 Target Term Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

BNY Mellon Alcentra Global Creditome 2024 Target Term Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc (NYSE:DCF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o BNY Mellon Investment Adviser, Inc., 240 Greenwich Street, New York, NY, USA, 10286

Website

https://www.bnymellonim.com

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc is a diversified closed-end management investment company. Its investment objectives are to seek high current income and to return at least the Fund's original NAV to holders of record of common shares on or about the termination date.

Executives

Bushra Mannan	other: Director of BNYMIA (1)	C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Irene Papadoulis	other: Director of BNYMIA (1)	C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Ping Jiang	other: Dir. of Invest. Oversight (1)	C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Bradley J Skapyak	officer: President	200 PARK AVENUE, NEW YORK NY 10166
Joseph Martella	officer: VP	C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10288
Daniel Goldstein	officer: VP	240 GREENWICH STREET, NEW YORK NY 10286
Robert J. Pomeroy	officer: VP; Investment Adviser	C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Vinay Patel	other: Head of Finance of Sub-Adviser	200 PARK AVE, NEW YORK CITY NY 10166
Alcentra Ny, Llc	other: Sub-Adviser	200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Brandon Chao	other: Portfolio Mgr of Sub-Adviser	200 PARK AVENUE, NEW YORK CITY NY 10166
Laurence Raven	other: Portfolio Mgr of Sub-Adviser	200 PARK AVENUE, NEW YORK CITY NY 10166
Ross Curran	other: Portfolio Mgr of Sub-Adviser	200 PARK AVENUE, NEW YORK CITY NY 10166
Cathy Bevan	other: Portfolio Mgr of Sub-Adviser	200 PARK AVENUE, NEW YORK CITY NY 10166
Daire Wheeler	other: Portfolio Mgr of Sub-Adviser	200 PARK AVENUE, NEW YORK CITY NY 10166
Eric Larsson	other: Portfolio Mgr of Sub-Adviser	C/O ALCENTRA NY LLC, 200 PARK AVENUE, NEW YORK CITY NY 10166