GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend 15 Split Corp (TSX:DFN) » Definitions » 5-Year Yield-on-Cost %

Dividend 15 Split (TSX:DFN) 5-Year Yield-on-Cost % : 14.99 (As of Jun. 05, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Dividend 15 Split 5-Year Yield-on-Cost %?

Dividend 15 Split's yield on cost for the quarter that ended in Nov. 2023 was 14.99.


The historical rank and industry rank for Dividend 15 Split's 5-Year Yield-on-Cost % or its related term are showing as below:

TSX:DFN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 7.55   Med: 9.17   Max: 28.2
Current: 14.99


During the past 13 years, Dividend 15 Split's highest Yield on Cost was 28.20. The lowest was 7.55. And the median was 9.17.


TSX:DFN's 5-Year Yield-on-Cost % is ranked better than
92.35% of 1215 companies
in the Asset Management industry
Industry Median: 5.88 vs TSX:DFN: 14.99

Competitive Comparison of Dividend 15 Split's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Dividend 15 Split'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.


Dividend 15 Split's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend 15 Split's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Dividend 15 Split's 5-Year Yield-on-Cost % falls into.



Dividend 15 Split 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 Dividend 15 Split is calculated as

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

Dividend 15 Split  (TSX:DFN) 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.


Dividend 15 Split 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Dividend 15 Split's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dividend 15 Split (TSX:DFN) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, Toronto, ON, CAN, M5V 3K2
Dividend 15 Split Corp is a Canadian mutual fund corporation. It aims to pay monthly cash dividends. The company invests in a portfolio of dividend-yielding, high-quality Canadian companies. It offers two types of shares i.e. class A shares and preferred shares. The company's investment objectives are to provide holders of preferred shares with fixed cumulative preferential monthly cash dividends as well as to provide holders of Class A shares with regular monthly cash distribution.

Dividend 15 Split (TSX:DFN) Headlines

No Headlines