GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust Enhanced Equity Income Fund (NYSE:FFA) » Definitions » Dividend Payout Ratio

First Trust Enhanced Equityome Fund (First Trust Enhanced Equityome Fund) Dividend Payout Ratio : 0.53 (As of Dec. 2023)


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

What is First Trust Enhanced Equityome Fund Dividend Payout Ratio?

First Trust Enhanced Equityome Fund's dividend payout ratio for the months ended in Dec. 2023 was 0.53.

The historical rank and industry rank for First Trust Enhanced Equityome Fund's Dividend Payout Ratio or its related term are showing as below:

FFA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.38   Max: 0.46
Current: 0.38


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.

FFA's Dividend Payout Ratio is ranked better than
79.43% of 953 companies
in the Asset Management industry
Industry Median: 0.8 vs FFA: 0.38

As of today (2024-05-15), the Dividend Yield % of First Trust Enhanced Equityome Fund is 6.58%.

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

First Trust Enhanced Equityome Fund's Dividends per Share for the 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.

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.

The growth rate is calculated with least square regression.

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


First Trust Enhanced Equityome Fund Dividend Payout Ratio Historical Data

The historical data trend for First Trust Enhanced Equityome 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.

First Trust Enhanced Equityome Fund Dividend Payout Ratio Chart

First Trust Enhanced Equityome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.27 0.45 0.29 - 0.38

First Trust Enhanced Equityome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 - 1.31 0.30 0.53

Competitive Comparison of First Trust Enhanced Equityome Fund's Dividend Payout Ratio

For the Asset Management subindustry, First Trust Enhanced Equityome 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.


First Trust Enhanced Equityome Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Enhanced Equityome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Trust Enhanced Equityome Fund's Dividend Payout Ratio falls into.



First Trust Enhanced Equityome Fund Dividend Payout Ratio Calculation

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 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 )
=1.26/ 3.31
=0.38

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

* 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 (NYSE:FFA) 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.


First Trust Enhanced Equityome Fund Dividend Payout Ratio Related Terms

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


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

First Trust Enhanced Equityome Fund (First Trust Enhanced Equityome Fund) Headlines