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NEW GERMANY FUND (NEW GERMANY FUND) Dividend Payout Ratio : 0.54 (As of Dec. 2023)


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What is NEW GERMANY FUND Dividend Payout Ratio?

NEW GERMANY FUND's dividend payout ratio for the months ended in Dec. 2023 was 0.54.

The historical rank and industry rank for NEW GERMANY FUND's Dividend Payout Ratio or its related term are showing as below:

GF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 1.61
Current: 0.05


During the past 7 years, the highest Dividend Payout Ratio of NEW GERMANY FUND was 1.61. The lowest was 0.03. And the median was 0.05.

GF's Dividend Payout Ratio is ranked better than
97.98% of 940 companies
in the Asset Management industry
Industry Median: 0.795 vs GF: 0.05

As of today (2024-06-07), the Dividend Yield % of NEW GERMANY FUND is 0.93%.

During the past 7 years, the highest Trailing Annual Dividend Yield of NEW GERMANY FUND was 13.56%. The lowest was 0.01%. And the median was 1.78%.

NEW GERMANY FUND's Dividends per Share for the months ended in Dec. 2023 was $0.06.

During the past 12 months, NEW GERMANY FUND's average Dividends Per Share Growth Rate was -90.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 185.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.00% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of NEW GERMANY FUND was 185.80% per year. The lowest was -79.50% per year. And the median was 63.65% per year.

The growth rate is calculated with least square regression.

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


NEW GERMANY FUND Dividend Payout Ratio Historical Data

The historical data trend for NEW GERMANY 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.

NEW GERMANY FUND Dividend Payout Ratio Chart

NEW GERMANY FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.03 - 1.61 - 0.05

NEW GERMANY 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 - - - 0.01 0.54

Competitive Comparison of NEW GERMANY FUND's Dividend Payout Ratio

For the Asset Management subindustry, NEW GERMANY 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.


NEW GERMANY FUND's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NEW GERMANY FUND's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where NEW GERMANY FUND's Dividend Payout Ratio falls into.



NEW GERMANY FUND Dividend Payout Ratio Calculation

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

NEW GERMANY 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 )
=0.07/ 1.39
=0.05

NEW GERMANY 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 )
=0.057/ 0.106
=0.54

* 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.


NEW GERMANY FUND (NYSE:GF) 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.


NEW GERMANY FUND Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of NEW GERMANY FUND's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


NEW GERMANY FUND (NEW GERMANY FUND) Business Description

Traded in Other Exchanges
N/A
Address
875 Third Avenue, New York, NY, USA, 10022-6225
NEW GERMANY FUND INC is the United States based non-diversified, closed-end management investment company. As the investment objective, the fund seeks long-term capital appreciation through investment in middle market German equities. The fund's portfolio of investment includes investment in different sectors such as the industrials, information technology, material, consumer discretionary, Communication Services, Financials, Consumer Staples, Real Estate, Utilities, healthcare, Energy and others. Its portfolio is geographically diversified across the Netherlands, Germany, and Italy.
Executives
Bernhard Koepp director C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christopher Pleister director C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Juan Barriobero other: Deputy Portfolio Manager C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Daniel Hann other: Deputy Portfolio Manager C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Alexander Lippert other: Deputy Portfolio Manager C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Holger Hatje director C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Fiona Flannery director C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Leon A Cappel other: Deputy Portfolio Manager C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Walter C. Dostmann director C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Christian Rijs officer: AML Compliance Officer C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Helen Delman other: Section 16 Officer C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Michelle S. Goveia officer: AML Compliance Officer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Christian Zugel director TWO BRIDGE AVENUE, SUITE 322, RED HOOK NJ 07701
Alyssa Asbury officer: Assistant Secretary C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Wolfgang Helmut Leoni director C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005

NEW GERMANY FUND (NEW GERMANY FUND) Headlines