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Blackrock NY Municipalome Tr (Blackrock NY Municipalome Tr) 5-Year Yield-on-Cost % : 3.34 (As of Apr. 25, 2024)


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What is Blackrock NY Municipalome Tr 5-Year Yield-on-Cost %?

Blackrock NY Municipalome Tr's yield on cost for the quarter that ended in Jan. 2024 was 3.34.


The historical rank and industry rank for Blackrock NY Municipalome Tr's 5-Year Yield-on-Cost % or its related term are showing as below:

BNY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.91   Med: 3.73   Max: 5.46
Current: 3.34

During the past 7 years, Blackrock NY Municipalome Tr's highest Yield on Cost was 5.46. The lowest was 2.91. And the median was 3.73.


BNY's 5-Year Yield-on-Cost % is ranked worse than
73.39% of 1214 companies
in the Asset Management industry
Industry Median: 5.985 vs BNY: 3.34

Competitive Comparison of Blackrock NY Municipalome Tr's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Blackrock NY Municipalome Tr'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.

Blackrock NY Municipalome Tr's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock NY Municipalome Tr's 5-Year Yield-on-Cost % falls into.


Blackrock NY Municipalome Tr 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 Blackrock NY Municipalome Tr is calculated as

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

Blackrock NY Municipalome Tr  (NYSE:BNY) 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.

Blackrock NY Municipalome Tr 5-Year Yield-on-Cost % Related Terms

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Blackrock NY Municipalome Tr (Blackrock NY Municipalome Tr) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock NY Municipal Income Tr (NYSE:BNY) » Definitions » 5-Year Yield-on-Cost %
Comparable Companies
CTR RCS TEI RIV FDEU AGD VPV TSI PMF PMX BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Website
https://www.blackrock.com
Blackrock NY Municipal Income Tr has an investment objective to provide current income exempt from regular U.S. federal income tax and New York State and New York City personal income taxes. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from U.S. federal income taxes and New York State and New York City personal income taxes.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255