Dividends
Dividend payments are $0.28 per share, with a current dividend yield of 2.44%. The company has dividend history for 2 consecutive years.
GF Dividend Summary
2.44%
$0.28
12.96%
Consecutive Years
2
Most Recent Ex-Date
May 26, 2026
Next Payment Date
Jun 29, 2026
GF Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
GF Dividends CAGR Chart
The New Germany Fund, Inc. (GF)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $0.15 | — |
| 2025 | $0.15 | +105.69% |
| 2024 | $0.07 | +2.71% |
| 2023 | $0.07 | -90.87% |
| 2022 | $0.77 | N/A |
| 2021 | $0.92 | N/A |
| 2020 | $2.46 | +376.28% |
| 2019 | $0.52 | -85.87% |
| 2018 | $3.65 | N/A |
| 2017 | $0.74 | N/A |
| 2016 | $1.18 | +25.01% |
| 2015 | $0.95 | -19.21% |
| 2014 | $1.17 | N/A |
| 2012 | $0.63 | N/A |
| 2011 | $0.59 | +394.01% |
| 2010 | $0.12 | -33.31% |
| 2009 | $0.18 | -4.87% |
| 2008 | $0.19 | -68.61% |
| 2007 | $0.59 | +190.24% |
| 2006 | $0.20 | -62.73% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $0.15 | +732.43% |
| Q4 2025 | $0.13 | +169.29% |
| Q2 2025 | $0.02 | -22.59% |
| Q4 2024 | $0.05 | -14.84% |
| Q2 2024 | $0.02 | +75.74% |
| Q4 2023 | $0.06 | +31.32% |
| Q2 2023 | $0.01 | -98.13% |
| Q4 2022 | $0.04 | — |
| Q2 2022 | $0.73 | -20.72% |
| Q2 2021 | $0.92 | +168.72% |
| Q4 2020 | $2.12 | +940.77% |
| Q2 2020 | $0.34 | +8.86% |
| Q4 2019 | $0.20 | -93.07% |
| Q2 2019 | $0.31 | -56.24% |
| Q4 2018 | $2.94 | +295.37% |
| Q2 2018 | $0.71 | — |
| Q4 2017 | $0.74 | -6.60% |
| Q4 2016 | $0.80 | -8.20% |
| Q2 2016 | $0.39 | +387.17% |
| Q4 2015 | $0.87 | +134.93% |
| Q2 2015 | $0.08 | -90.09% |
| Q4 2014 | $0.37 | — |
| Q2 2014 | $0.80 | — |
| Q4 2012 | $0.63 | +16.13% |
Dividend Yield Metrics
- Current Yield
- 2.44%
- Average Yield (TTM)
- 2.44%
- Average Yield (3Y)
- 0.83%
- Forward Yield on Cost (3Y)
- 0.39%
- Forward Yield on Cost (5Y)
- 0.12%
- Forward Yield on Cost (10Y)
- 0.01%
Payout Ratio Analysis
- Payout Ratio (Current)
- 12.96%
- FCF Payout Ratio
- N/A
- Payout Ratio (3Y Avg)
- 5.08%
- Payout Ratio (5Y Avg)
- 41.90%
- FCF Payout (3Y Avg)
- < 3Y history
- FCF Payout (5Y Avg)
- < 5Y history
Dividend Coverage
About The New Germany Fund, Inc.
The New Germany Fund Inc. functions as a closed-ended equity investment vehicle, originally established by Deutsche Investment Management Americas Inc. and currently overseen by Deutsche Asset Management International GmbH. Its primary objective is to allocate capital within the public stock markets of Germany, seeking out opportunities in shares of companies operating across a diverse range of industries. The fund predominantly focuses its investments on small and mid-capitalization (SMC) firms. To assess its portfolio's returns, the fund utilizes the Midcap Market Performance Index as its benchmark. This fund was founded on January 16, 1990, and is legally registered in Germany.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- Linda Lonneberg