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BlackRock Massachusetts Tax-Exempt Trust (BlackRock Massachusetts Tax-Exempt Trust) 5-Year Yield-on-Cost % : 3.74 (As of Apr. 26, 2024)


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What is BlackRock Massachusetts Tax-Exempt Trust 5-Year Yield-on-Cost %?

BlackRock Massachusetts Tax-Exempt Trust's yield on cost for the quarter that ended in Aug. 2020 was 3.74.


The historical rank and industry rank for BlackRock Massachusetts Tax-Exempt Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

MHE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.74
Current: 3.74


During the past 11 years, BlackRock Massachusetts Tax-Exempt Trust's highest Yield on Cost was 3.74. The lowest was 0.00. And the median was 0.00.


MHE's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 5.985 vs MHE: 3.74

Competitive Comparison of BlackRock Massachusetts Tax-Exempt Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, BlackRock Massachusetts Tax-Exempt Trust'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 Massachusetts Tax-Exempt Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where BlackRock Massachusetts Tax-Exempt Trust's 5-Year Yield-on-Cost % falls into.



BlackRock Massachusetts Tax-Exempt Trust 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 Massachusetts Tax-Exempt Trust is calculated as

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

BlackRock Massachusetts Tax-Exempt Trust  (AMEX:MHE) 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 Massachusetts Tax-Exempt Trust 5-Year Yield-on-Cost % Related Terms

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BlackRock Massachusetts Tax-Exempt Trust (BlackRock Massachusetts Tax-Exempt Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Massachusetts Tax-Exempt Trust is a closed-end management investment company. Its objective is to provide shareholders with as high a level of income exempt from both regular federal income taxes and Massachusetts personal income taxes. The trust invests primarily in long-term municipal obligations with maturities of more than ten years.
Executives
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Perilli other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Ag Ubs other: Former 10% owner 600 WASHINGTON BLVD., STAMFORD CT 06901
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036

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