SmarterDividends
GOF

Guggenheim Strategic Opportunities Fund

GOF

Financial Services · Stock · monthly payer

Forward Yield

19.70%

Annual Dividend

$2.19

Payout Ratio

126%

5-Yr Growth

0.0%

Ex-Date

Jun 15, 2026

Frequency

Monthly

GOF Dividend Safety Score

67/ 100
Grade B

Safe

Dividend-growth streak15 consecutive years of growth
Cut historyCut its dividend in 2010
Earnings payout coverage126% of earnings paid out
Yield vs its historyYield is 1.5× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is GOF a good dividend stock?

Yes, with caveats

Guggenheim Strategic Opportunities Fund (GOF) pays a monthly dividend yielding 19.70% ($2.19/yr), with 18 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • 18 consecutive years of dividend growth

Risks

  • Cut its dividend in 2010
  • Elevated payout ratio (126%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
19.70%
Payout Ratio
126%
Annual Dividend
$2.19
5-Yr Avg Growth
0.0%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
18
Frequency
monthly
Beta
Market Cap
$2.4B
P/E Ratio
6.4
5-Yr Total Return
-49%
52-Week Range
$10.54 – $15.20
Dividend Safety
B · 67/100
Ever Cut?
Yes (2010)
GOF ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.19 / yr per share

Per payment (monthly)$18.25
Annual$219.00
Monthly avg$18.25