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Highland Global Allocation Fund (Highland Global Allocation Fund) Dividend Yield % : 13.42% (As of May. 14, 2024)


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What is Highland Global Allocation Fund Dividend Yield %?

As of today (2024-05-14), the Trailing Annual Dividend Yield of Highland Global Allocation Fund is 13.42%.

Good Sign:

Highland Global Allocation Fund stock dividend yield is close to 3-year high.

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

HGLB' s Dividend Yield % Range Over the Past 10 Years
Min: 7.63   Med: 10.07   Max: 15
Current: 13.42

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

HGLB's Dividend Yield % is ranked better than
94.66% of 1218 companies
in the Asset Management industry
Industry Median: 5.53 vs HGLB: 13.42

Highland Global Allocation Fund's Dividend Payout Ratio for the six 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.

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.

As of today (2024-05-14), the Forward Dividend Yield % of Highland Global Allocation Fund is 13.09%.

Highland Global Allocation Fund's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for Highland Global Allocation Fund's Dividend Yield % 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 Yield % Chart

Highland Global Allocation Fund Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Yield %
- 12.19 9.80 10.80 12.49

Highland Global Allocation Fund Semi-Annual Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.80 8.95 10.80 10.85 12.49

Competitive Comparison of Highland Global Allocation Fund's Dividend Yield %

For the Asset Management subindustry, Highland Global Allocation Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Asset Management Industry

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

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



Highland Global Allocation Fund Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Highland Global Allocation Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0810002024-04-222024-04-232024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0810002024-03-202024-03-212024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0810002024-02-212024-02-222024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0810002024-01-232024-01-242024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0840002023-12-212023-12-222023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0840002023-11-212023-11-222023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0840002023-10-232023-10-242023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0840002023-09-212023-09-222023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0840002023-08-232023-08-242023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0840002023-07-212023-07-242023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0840002023-06-222023-06-232023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0840002023-05-222023-05-232023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Highland Global Allocation Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.996/7.43
=13.41 %

Current Share Price is $7.43.
Highland Global Allocation Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.996.

Highland Global Allocation Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.972/7.43
=13.08 %

Current Share Price is $7.43.
Highland Global Allocation Fund's Dividends per Share for the forward twelve months is calculated as $0.081 * 12 = $0.972.

* 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.


Highland Global Allocation Fund  (NYSE:HGLB) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Highland Global Allocation Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Highland Global Allocation Fund's Dividend Yield % 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

Traded in Other Exchanges
N/A
Address
300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
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