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Platinum Asset Management (ASX:PTM) 5-Year Yield-on-Cost % : 6.10 (As of May. 12, 2024)


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What is Platinum Asset Management 5-Year Yield-on-Cost %?

Platinum Asset Management's yield on cost for the quarter that ended in Dec. 2023 was 6.10.


The historical rank and industry rank for Platinum Asset Management's 5-Year Yield-on-Cost % or its related term are showing as below:

ASX:PTM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.36   Med: 3.08   Max: 6.77
Current: 6.1


During the past 13 years, Platinum Asset Management's highest Yield on Cost was 6.77. The lowest was 1.36. And the median was 3.08.


ASX:PTM's 5-Year Yield-on-Cost % is ranked better than
51.48% of 1214 companies
in the Asset Management industry
Industry Median: 5.935 vs ASX:PTM: 6.10

Competitive Comparison of Platinum Asset Management's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Platinum Asset Management'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.


Platinum Asset Management's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Platinum Asset Management's 5-Year Yield-on-Cost % falls into.



Platinum Asset Management 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 Platinum Asset Management is calculated as

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

Platinum Asset Management  (ASX:PTM) 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.


Platinum Asset Management 5-Year Yield-on-Cost % Related Terms

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Platinum Asset Management (ASX:PTM) Business Description

Traded in Other Exchanges
Address
Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000
Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.

Platinum Asset Management (ASX:PTM) Headlines