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NB Global Monthlyome Fund (LSE:NBCS) 5-Year Yield-on-Cost % : 0.36 (As of May. 08, 2024)


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What is NB Global Monthlyome Fund 5-Year Yield-on-Cost %?

NB Global Monthlyome Fund's yield on cost for the quarter that ended in Jun. 2023 was 0.36.


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

LSE:NBCS' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.36   Med: 8.27   Max: 24.4
Current: 0.36


During the past 12 years, NB Global Monthlyome Fund's highest Yield on Cost was 24.40. The lowest was 0.36. And the median was 8.27.


LSE:NBCS's 5-Year Yield-on-Cost % is ranked better than
97.77% of 1213 companies
in the Asset Management industry
Industry Median: 5.92 vs LSE:NBCS: 0.36

Competitive Comparison of NB Global Monthlyome Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, NB Global Monthlyome 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.


NB Global Monthlyome Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where NB Global Monthlyome Fund's 5-Year Yield-on-Cost % falls into.



NB Global Monthlyome 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 NB Global Monthlyome Fund is calculated as

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

NB Global Monthlyome Fund  (LSE:NBCS) 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.


NB Global Monthlyome Fund 5-Year Yield-on-Cost % Related Terms

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NB Global Monthlyome Fund (LSE:NBCS) Business Description

Traded in Other Exchanges
Address
1 Royal Plaza, Royal Avenue, St Peter Port, GGY, GY1 2HL
NB Global Monthly Income Fund Ltd is a closed-ended investment company. Its investment objective is to provide its shareholders with consistent levels of monthly income while maintaining or increasing the Net Asset Value (NAV) per share over time. It invests in diversified industry sectors. The Company's investment objective had been to target consistent levels of monthly income, whilst seeking to preserve or increase investors' capital. The Fund's managers seek to achieve the objective by investing in a broad range of credit assets, including but not limited to high yield and investment grade bonds and alternative credit comprising of distressed debt, mezzanine debt, and private corporate loans.

NB Global Monthlyome Fund (LSE:NBCS) Headlines

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