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Morphic Ethical Equity Fund (ASX:MEC) 5-Year Yield-on-Cost % : 6.78 (As of May. 22, 2024)


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What is Morphic Ethical Equity Fund 5-Year Yield-on-Cost %?

Morphic Ethical Equity Fund's yield on cost for the quarter that ended in Dec. 2022 was 6.78.


The historical rank and industry rank for Morphic Ethical Equity Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

ASX:MEC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.78
Current: 6.78


During the past 4 years, Morphic Ethical Equity Fund's highest Yield on Cost was 6.78. The lowest was 0.00. And the median was 0.00.


ASX:MEC's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 5.86 vs ASX:MEC: 6.78

Competitive Comparison of Morphic Ethical Equity Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Morphic Ethical Equity Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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.


Morphic Ethical Equity Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Morphic Ethical Equity Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Morphic Ethical Equity Fund's 5-Year Yield-on-Cost % falls into.



Morphic Ethical Equity Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Morphic Ethical Equity Fund is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Morphic Ethical Equity Fund  (ASX:MEC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Morphic Ethical Equity Fund 5-Year Yield-on-Cost % Related Terms

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Morphic Ethical Equity Fund (ASX:MEC) Business Description

Traded in Other Exchanges
N/A
Address
179 Elizabeth Street, Level 11, Sydney, NSW, AUS, 2000
Morphic Ethical Equity Fund Ltd seeks to provide investors a way to grow their wealth. The fund excludes direct investments in entities involved in environmental destruction, including coal and uranium mining, oil and gas, intensive animal farming and aquaculture, tobacco and alcohol, armaments, gambling and rainforest.