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Flaherty & Crumrine Preferred andome Securities Fundorporated Dividend Payout Ratio : 0.52 (As of Nov. 2023)


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What is Flaherty & Crumrine Preferred andome Securities Fundorporated Dividend Payout Ratio?

Flaherty & Crumrine Preferred andome Securities Fundorporated's dividend payout ratio for the months ended in Nov. 2023 was 0.52.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Flaherty & Crumrine Preferred and Income Securities Fund Incorporated is 7.35, which seems too high.

The historical rank and industry rank for Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Payout Ratio or its related term are showing as below:

FFC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.89   Max: 7.35
Current: 7.35

During the past 7 years, the highest Dividend Payout Ratio of Flaherty & Crumrine Preferred andome Securities Fundorporated was 7.35. The lowest was 0.36. And the median was 0.89.

FFC's Dividend Payout Ratio is ranked worse than
96.73% of 948 companies
in the Asset Management industry
Industry Median: 0.81 vs FFC: 7.35

As of today (2024-05-10), the Dividend Yield % of Flaherty & Crumrine Preferred andome Securities Fundorporated is 6.89%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Flaherty & Crumrine Preferred andome Securities Fundorporated was 11.64%. The lowest was 5.89%. And the median was 7.45%.

Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividends per Share for the months ended in Nov. 2023 was $0.50.

During the past 12 months, Flaherty & Crumrine Preferred andome Securities Fundorporated's average Dividends Per Share Growth Rate was -23.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.10% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Flaherty & Crumrine Preferred andome Securities Fundorporated was 3.60% per year. The lowest was -9.30% per year. And the median was -0.20% per year.

The growth rate is calculated with least square regression.

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

Flaherty & Crumrine Preferred andome Securities Fundorporated Dividend Payout Ratio Historical Data

The historical data trend for Flaherty & Crumrine Preferred andome Securities Fundorporated'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.

Flaherty & Crumrine Preferred andome Securities Fundorporated Dividend Payout Ratio Chart

Flaherty & Crumrine Preferred andome Securities Fundorporated Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.36 0.89 0.93 - 7.11

Flaherty & Crumrine Preferred andome Securities Fundorporated Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.13 - - - 0.52

Competitive Comparison of Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Payout Ratio

For the Asset Management subindustry, Flaherty & Crumrine Preferred andome Securities Fundorporated'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.

Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Payout Ratio falls into.


Flaherty & Crumrine Preferred andome Securities Fundorporated Dividend Payout Ratio Calculation

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

Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Nov. 2023 )/ EPS without NRI (A: Nov. 2023 )
=1.066/ 0.15
=7.11

Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2023 )/ EPS without NRI (Q: Nov. 2023 )
=0.5/ 0.965
=0.52

* 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.

Flaherty & Crumrine Preferred andome Securities Fundorporated (NYSE:FFC) 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.

Flaherty & Crumrine Preferred andome Securities Fundorporated Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Preferred andome Securities Fundorporated's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Flaherty & Crumrine Preferred andome Securities Fundorporated Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE:FFC) » Definitions » Dividend Payout Ratio
Comparable Companies
FAX VVR EOI TCPC PFLT HTD CCAP TRIN NXP PHK BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Website
https://www.preferredincome.com
Flaherty & Crumrine Preferred and Income Securities Fund Incorporated is a diversified, closed-end management investment company. The fund's investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests primarily in a diversified portfolio of preferred securities.
Executives
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Robert E Chadwick officer: CFO, VP, Treasurer & Secretary 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Donald F Crumrine director, officer: Chairman, CEO 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Peter C Stimes officer: VP,CFO,Chief Acct Of,Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Martin Brody director C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932
Flaherty & Crumrine Inc other: Investment Adviser 301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101