Highland Global Allocation Fund (Highland Global Allocation Fund) Dividend Payout Ratio : 0.00 (As of Sep. 2023)

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What is Highland Global Allocation Fund Dividend Payout Ratio?

Highland Global Allocation Fund's dividend payout ratio for the months ended in Sep. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Highland Global Allocation Fund is 1.39, which seems too high.

The historical rank and industry rank for Highland Global Allocation Fund's Dividend Payout Ratio or its related term are showing as below:

HGLB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 1.39 Max: 1.41
Current: 1.39

During the past 5 years, the highest Dividend Payout Ratio of Highland Global Allocation Fund was 1.41. The lowest was 0.28. And the median was 1.39.

HGLB's Dividend Payout Ratio is ranked worse than
77.33% of 953 companies
in the Asset Management industry
Industry Median: 0.8 vs HGLB: 1.39

As of today (2024-05-15), the Dividend Yield % of Highland Global Allocation Fund is 13.28%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Highland Global Allocation Fund was 15.00%. The lowest was 7.63%. And the median was 10.07%.

Highland Global Allocation Fund's Dividends per Share for the months ended in Sep. 2023 was $0.50.

During the past 12 months, Highland Global Allocation Fund's average Dividends Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.70% per year.

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of Highland Global Allocation Fund was 9.70% per year. The lowest was 9.70% per year. And the median was 9.70% per year.

The growth rate is calculated with least square regression.

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

Highland Global Allocation Fund Dividend Payout Ratio Historical Data

The historical data trend for Highland Global Allocation 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.

Highland Global Allocation Fund Dividend Payout Ratio Chart

Highland Global Allocation Fund Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Dividend Payout Ratio

0.28

1.41

1.39

Highland Global Allocation Fund Semi-Annual Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial					0.35	0.31	-	0.64	-

Competitive Comparison of Highland Global Allocation Fund's Dividend Payout Ratio

For the Asset Management subindustry, Highland Global Allocation 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.

Highland Global Allocation Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Highland Global Allocation Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Highland Global Allocation Fund's Dividend Payout Ratio falls into.

Highland Global Allocation Fund Dividend Payout Ratio Calculation

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

Highland Global Allocation Fund's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2023 )	/	EPS without NRI (A: Sep. 2023 )
	=	0.999	/	0.72
	=	1.39

Highland Global Allocation Fund's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.504	/	-0.05
	=	N/A

Highland Global Allocation Fund (NYSE:HGLB) 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.

Highland Global Allocation Fund Dividend Payout Ratio Related Terms

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

Highland Global Allocation Fund (Highland Global Allocation Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Highland Global Allocation Fund (NYSE:HGLB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Crescent Court, Suite 700, Dallas, TX, USA, 75201

Website

http://www.highlandfunds.com

Highland Global Allocation Fund is a diversified, closed-end management investment company. The investment objective of the Fund is to seek long-term growth of capital and future income. The Fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity, debt, and money market securities. It may also invest in senior loans to domestic or foreign corporations, partnerships, and other entities that operate in a variety of industries and geographic regions.

Executives

Robert J Froehlich	director	405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Dorri Mcwhorter	director	6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
Pamela B Corrie	director	100 PIER 1 PLACE, FORT WORTH TX 76102
Stephanie Vitiello	officer: Chief Compliance Officer	NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Brian Mitts	officer: PEO, PFO & Assistant Treasurer	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Dustin David Norris	director, officer: Secretary	2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Bryan A Ward	director	3625 ROSEDALE, DALLAS TX 75205
Robert Jason Post	officer: Chief Compliance Officer	2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Clifford Stoops	officer: Assistant Treasurer	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Frank George Waterhouse	officer: See Remarks	2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Ethan Powell	director	2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
John Honis	director	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Timothy K Hui	director	48 WILLOW GREEN DRIVE, CHURCHVILLE PA 18966
Parker Lee Blackwell Iii	officer: Executive Vice President	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201