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Central Securities (Central Securities) 5-Year Yield-on-Cost % : 15.38 (As of Apr. 25, 2024)


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What is Central Securities 5-Year Yield-on-Cost %?

Central Securities's yield on cost for the quarter that ended in Dec. 2023 was 15.38.


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

CET' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.64   Med: 16.16   Max: 59.53
Current: 15.38


During the past 13 years, Central Securities's highest Yield on Cost was 59.53. The lowest was 5.64. And the median was 16.16.


CET's 5-Year Yield-on-Cost % is ranked better than
92.42% of 1214 companies
in the Asset Management industry
Industry Median: 5.985 vs CET: 15.38

Competitive Comparison of Central Securities's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Central Securities'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.


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

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

* The bar in red indicates where Central Securities's 5-Year Yield-on-Cost % falls into.



Central Securities 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 Central Securities is calculated as

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

Central Securities  (AMEX:CET) 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.


Central Securities 5-Year Yield-on-Cost % Related Terms

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


Central Securities (Central Securities) Business Description

Traded in Other Exchanges
N/A
Address
630 Fifth Avenue, Suite 820, New York, NY, USA, 10111
Central Securities Corp is a non-diversified closed-end management investment company. Its investment objective is long-term growth of capital. The company invests primarily in common stocks, bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks, and corporations.
Executives
John C Hill officer: Vice President C/O CENTRAL SECURITIES CORP, 630 FIFTH AVE, NEW YORK NY 10111
Andrew J O'neill officer: Vice President C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE SUITE 820, NEW YORK NY 10111
David Martin Poppe director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Leo Price Blackford director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
David Charles Colander director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Marlene A Krumholz officer: Vice President & Secretary C/O CENTRAL SECURITIES CORP, 630 FIFTH AVE, NEW YORK NY 10111
Simms C Browning director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Donald G Calder director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AENUE, SUITE 820, NEW YORK NY 10111
Kidd Wilmot H Iv director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Jay R Inglis director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Walker C Carter Jr director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Lawrence P Vogel officer: Vice President & Treasurer C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE SUITE 820, NEW YORK NY 10111
Charles N Edgerton officer: Vice President & Treasurer C/O CENTRAL SECURITIES CORP, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
William E Sheeline officer: Vice President CENTRAL SECURITIES CORP., 630 FIFTH AVE. SUITE 820, NEW YORK NY 10111
Johnson Christian A Endeavor Foundation 10 percent owner 1060 PARK AVE, NEW YORK NY 10028

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