Dividend Payout Ratio: 12.96%
Is the dividend payout ratio high or low?
The dividend payout ratio of 12.96% is 59% below its 5-year average of 31.41%, near the low end of its 5-year range (2.32%–103.83%).
As of Friday, June 26, 2026. 157.20% above its 12-month average of 5.04%.
Dividend Payout Ratio (12.96%) = TTM Dividends/Share ($0.28) / TTM EPS ($2.19)
GF Dividend Payout Ratio (TTM) Chart
GF Average Dividend Payout Ratio Chart
GF Current vs Average Dividend Payout Ratio Chart
GF Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
12.96%
DIVIDEND PAYOUT RATIO AVG TTM
5.04%
DIVIDEND PAYOUT RATIO AVG 3Y
9.51%
DIVIDEND PAYOUT RATIO AVG 5Y
31.41%
DIVIDEND PAYOUT RATIO AVG 10Y
42.92%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+157.20%
CURRENT VS 3Y AVG
+36.34%
CURRENT VS 5Y AVG
-58.74%
CURRENT VS 10Y AVG
-69.80%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.43 | $0.15 | 4.3% |
| 2024 | $1.23 | $0.07 | 5.9% |
| 2023 | $1.39 | $0.07 | 5.1% |
| 2022 | ($6.40) | $0.77 | N/A (Loss) |
| 2021 | $0.59 | $0.92 | 155.1% |
| 2020 | $6.28 | $2.46 | 39.2% |
| 2019 | $4.99 | $0.52 | 10.3% |
| 2018 | ($4.38) | $3.65 | N/A (Loss) |
| 2017 | $7.27 | $0.74 | 10.2% |
| 2016 | ($0.04) | $1.18 | N/A (Loss) |
| 2015 | $2.17 | $0.95 | 43.6% |
| 2014 | ($1.60) | $1.17 | N/A (Loss) |
| 2013 | $8.55 | $0.00 | 0.0% |
| 2012 | $4.37 | $0.63 | 14.5% |
Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Dividend Payout Ratio FAQ
- What is the dividend payout ratio for The New Germany Fund, Inc. (GF)?
- The dividend payout ratio for GF stock is 12.96%.
- Is The New Germany Fund, Inc.'s dividend payout ratio high or low?
- The dividend payout ratio of 12.96% is 59% below its 5-year average of 31.41%, near the low end of its 5-year range (2.32%–103.83%).
- What is the TTM average dividend payout ratio for The New Germany Fund, Inc. (GF)?
- The TTM average dividend payout ratio for GF stock is 5.04%.
- What is the 3Y average dividend payout ratio for The New Germany Fund, Inc. (GF)?
- The 3Y average dividend payout ratio for GF stock is 9.51%.
- What is the 5Y average dividend payout ratio for The New Germany Fund, Inc. (GF)?
- The 5Y average dividend payout ratio for GF stock is 31.41%.
- What is the 10Y average dividend payout ratio for The New Germany Fund, Inc. (GF)?
- The 10Y average dividend payout ratio for GF stock is 42.92%.
GF Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-25 | 12.96% |
| 2026-06-23 | 12.96% |
| 2026-06-18 | 12.96% |
| 2026-06-16 | 12.97% |
| 2026-06-12 | 12.95% |
| 2026-06-10 | 12.97% |
| 2026-06-08 | 12.95% |
| 2026-06-04 | 12.97% |
| 2026-06-02 | 12.97% |
| 2026-05-29 | 12.97% |
| 2026-05-27 | 12.96% |
| 2026-05-22 | 6.77% |
| 2026-05-20 | 6.77% |
| 2026-05-18 | 6.77% |
| 2026-05-14 | 6.78% |
| 2026-05-12 | 6.77% |
| 2026-05-08 | 6.78% |
| 2026-05-06 | 6.77% |
| 2026-05-04 | 6.77% |
| 2026-04-30 | 6.78% |
| 2026-04-28 | 6.77% |
| 2026-04-24 | 6.77% |
| 2026-04-22 | 6.77% |
| 2026-04-20 | 6.77% |
| 2026-04-16 | 6.77% |
| 2026-04-14 | 6.77% |
| 2026-04-10 | 6.77% |
| 2026-04-08 | 6.77% |
| 2026-04-06 | 6.77% |
| 2026-04-01 | 6.77% |
| 2026-03-30 | 6.78% |
| 2026-03-26 | 6.77% |
| 2026-03-24 | 6.77% |
| 2026-03-20 | 6.78% |
| 2026-03-18 | 6.77% |
| 2026-03-16 | 6.77% |
| 2026-03-12 | 6.77% |
| 2026-03-10 | 6.77% |
| 2026-03-06 | 6.78% |
| 2026-03-04 | 6.78% |
| 2026-03-02 | 6.77% |
| 2026-02-26 | 6.77% |
| 2026-02-24 | 6.77% |
| 2026-02-20 | 6.77% |
| 2026-02-18 | 6.77% |
| 2026-02-13 | 6.77% |
| 2026-02-11 | 6.77% |
| 2026-02-09 | 6.77% |
| 2026-02-05 | 6.77% |
| 2026-02-03 | 6.77% |
| 2026-01-30 | 6.77% |
| 2026-01-28 | 6.77% |
| 2026-01-26 | 6.77% |
| 2026-01-22 | 6.78% |
| 2026-01-20 | 6.77% |
| 2026-01-15 | 6.77% |
| 2026-01-13 | 6.77% |
| 2026-01-09 | 6.78% |
| 2026-01-07 | 6.77% |
| 2026-01-05 | 6.77% |
| 2025-12-31 | 6.77% |
| 2025-12-29 | 2.32% |
| 2025-12-24 | 2.32% |
| 2025-12-22 | 2.32% |
| 2025-12-18 | 2.32% |
| 2025-12-16 | 2.32% |
| 2025-12-12 | 2.32% |
| 2025-12-10 | 2.32% |
| 2025-12-08 | 2.32% |
| 2025-12-04 | 2.32% |
| 2025-12-02 | 2.32% |
| 2025-11-28 | 2.32% |
| 2025-11-25 | 2.33% |
| 2025-11-21 | 2.33% |
| 2025-11-19 | 2.32% |
| 2025-11-17 | 2.32% |
| 2025-11-13 | 2.32% |
| 2025-11-11 | 2.32% |
| 2025-11-07 | 2.32% |
| 2025-11-05 | 2.32% |
| 2025-11-03 | 2.33% |
| 2025-10-30 | 2.32% |
| 2025-10-28 | 2.32% |
| 2025-10-24 | 2.32% |
| 2025-10-22 | 2.32% |
| 2025-10-20 | 2.32% |
| 2025-10-16 | 2.33% |
| 2025-10-14 | 2.32% |
| 2025-10-10 | 2.33% |
| 2025-10-08 | 2.32% |
| 2025-10-06 | 2.32% |
| 2025-10-02 | 2.32% |
| 2025-09-30 | 2.33% |
| 2025-09-26 | 2.33% |
| 2025-09-24 | 2.32% |
| 2025-09-22 | 2.32% |
| 2025-09-18 | 2.32% |
| 2025-09-16 | 2.32% |
| 2025-09-12 | 2.33% |
| 2025-09-10 | 2.32% |
| 2025-09-08 | 2.32% |
| 2025-09-04 | 2.32% |
| 2025-09-02 | 2.32% |
| 2025-08-28 | 2.32% |
| 2025-08-26 | 2.32% |
| 2025-08-22 | 2.32% |
| 2025-08-20 | 2.33% |
| 2025-08-18 | 2.32% |
| 2025-08-14 | 2.32% |
| 2025-08-12 | 2.32% |
| 2025-08-08 | 2.32% |
| 2025-08-06 | 2.33% |
| 2025-08-04 | 2.32% |
| 2025-07-31 | 2.33% |
| 2025-07-29 | 2.32% |
| 2025-07-25 | 2.33% |
| 2025-07-23 | 2.32% |
| 2025-07-21 | 2.32% |
| 2025-07-17 | 2.32% |
| 2025-07-15 | 2.33% |
| 2025-07-11 | 2.32% |
| 2025-07-09 | 2.32% |
| 2025-07-07 | 2.33% |
| 2025-07-02 | 2.33% |
| 2025-06-30 | 2.32% |
| 2025-06-26 | 44.46% |
| 2025-06-24 | 44.47% |
| 2025-06-20 | 44.47% |
| 2025-06-17 | 44.46% |
| 2025-06-13 | 44.46% |
| 2025-06-11 | 44.47% |
| 2025-06-09 | 44.47% |
| 2025-06-05 | 44.47% |
| 2025-06-03 | 44.46% |
| 2025-05-30 | 44.47% |
| 2025-05-28 | 44.47% |
| 2025-05-23 | 32.13% |
| 2025-05-21 | 48.06% |
| 2025-05-19 | 48.07% |
| 2025-05-15 | 48.06% |
| 2025-05-13 | 48.07% |
| 2025-05-09 | 48.06% |
| 2025-05-07 | 48.07% |
| 2025-05-05 | 48.07% |
| 2025-05-01 | 48.07% |
| 2025-04-29 | 48.07% |
| 2025-04-25 | 48.07% |
| 2025-04-23 | 48.07% |
| 2025-04-21 | 48.07% |
| 2025-04-16 | 48.07% |
| 2025-04-14 | 48.07% |
| 2025-04-10 | 48.07% |
| 2025-04-08 | 48.07% |
| 2025-04-04 | 48.07% |
| 2025-04-02 | 48.06% |
| 2025-03-31 | 48.07% |
| 2025-03-27 | 48.07% |
| 2025-03-25 | 48.07% |
| 2025-03-21 | 48.06% |
| 2025-03-19 | 48.07% |
| 2025-03-17 | 48.06% |
| 2025-03-13 | 48.07% |
| 2025-03-11 | 48.07% |
| 2025-03-07 | 48.07% |
| 2025-03-05 | 48.06% |
| 2025-03-03 | 48.06% |
| 2025-02-27 | 48.07% |
| 2025-02-25 | 48.06% |
| 2025-02-21 | 48.07% |
| 2025-02-19 | 48.07% |
| 2025-02-14 | 48.07% |
| 2025-02-12 | 48.07% |
| 2025-02-10 | 48.07% |
| 2025-02-06 | 48.07% |
| 2025-02-04 | 48.06% |
| 2025-01-31 | 48.06% |
| 2025-01-29 | 48.06% |
| 2025-01-27 | 48.07% |
| 2025-01-23 | 48.07% |
| 2025-01-21 | 48.06% |
| 2025-01-16 | 48.07% |
| 2025-01-14 | 48.07% |
| 2025-01-10 | 48.07% |
| 2025-01-07 | 48.07% |
| 2025-01-03 | 48.06% |
| 2024-12-31 | 48.07% |
| 2024-12-27 | 5.41% |
| 2024-12-24 | 18.21% |
| 2024-12-20 | 18.21% |
| 2024-12-18 | 18.21% |
| 2024-12-16 | 18.21% |
| 2024-12-12 | 18.22% |
| 2024-12-10 | 18.21% |
| 2024-12-06 | 18.21% |
| 2024-12-04 | 18.22% |
| 2024-12-02 | 18.21% |
| 2024-11-27 | 18.22% |
| 2024-11-25 | 18.21% |
| 2024-11-21 | 18.21% |
| 2024-11-19 | 18.21% |
| 2024-11-15 | 18.22% |
| 2024-11-13 | 18.21% |
| 2024-11-11 | 18.21% |
| 2024-11-07 | 18.21% |
| 2024-11-05 | 18.21% |
| 2024-11-01 | 18.22% |
| 2024-10-30 | 18.22% |
| 2024-10-28 | 18.21% |
| 2024-10-24 | 18.22% |
| 2024-10-22 | 18.21% |
| 2024-10-18 | 18.21% |
| 2024-10-16 | 18.21% |
| 2024-10-14 | 18.22% |
| 2024-10-10 | 18.21% |
| 2024-10-08 | 18.21% |
| 2024-10-04 | 18.22% |
| 2024-10-02 | 18.21% |
| 2024-09-30 | 18.21% |
| 2024-09-26 | 18.21% |
| 2024-09-24 | 18.21% |
| 2024-09-20 | 18.22% |
| 2024-09-18 | 18.22% |
| 2024-09-16 | 18.22% |
| 2024-09-12 | 18.21% |
| 2024-09-10 | 18.21% |
| 2024-09-06 | 18.21% |
| 2024-09-04 | 18.22% |
| 2024-08-30 | 18.21% |
| 2024-08-28 | 18.21% |
| 2024-08-26 | 18.21% |
| 2024-08-22 | 18.21% |
| 2024-08-20 | 18.21% |
| 2024-08-16 | 18.21% |
| 2024-08-14 | 18.22% |
| 2024-08-12 | 18.21% |
| 2024-08-08 | 18.21% |
| 2024-08-06 | 18.21% |
| 2024-08-02 | 18.22% |
| 2024-07-31 | 18.21% |
| 2024-07-29 | 18.21% |
| 2024-07-25 | 18.21% |
| 2024-07-23 | 18.21% |
| 2024-07-19 | 18.22% |
| 2024-07-17 | 18.22% |
| 2024-07-15 | 18.21% |
| 2024-07-11 | 18.21% |
| 2024-07-09 | 18.21% |
| 2024-07-05 | 18.21% |
| 2024-07-02 | 18.21% |
| 2022-12-30 | 103.83% |
| 2022-12-28 | 98.00% |
| 2022-12-23 | 98.06% |
| 2022-12-21 | 98.03% |
| 2022-12-19 | 98.01% |
| 2022-12-15 | 98.06% |
| 2022-12-13 | 97.99% |
| 2022-12-09 | 98.04% |
| 2022-12-07 | 98.01% |
| 2022-12-05 | 98.04% |
| 2022-12-01 | 98.05% |
Showing the most recent 260 of 1,209 data points. The chart above shows the full history.
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