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DUFF & PHELPS UTILITYRPORATE BOND TRUST (DUFF & PHELPS UTILITYRPORATE BOND TRUST) 5-Year Yield-on-Cost % : 5.65 (As of Apr. 26, 2024)


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What is DUFF & PHELPS UTILITYRPORATE BOND TRUST 5-Year Yield-on-Cost %?

DUFF & PHELPS UTILITYRPORATE BOND TRUST's yield on cost for the quarter that ended in Oct. 2020 was 5.65.


The historical rank and industry rank for DUFF & PHELPS UTILITYRPORATE BOND TRUST's 5-Year Yield-on-Cost % or its related term are showing as below:

DUC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.65
Current: 5.65


During the past 5 years, DUFF & PHELPS UTILITYRPORATE BOND TRUST's highest Yield on Cost was 5.65. The lowest was 0.00. And the median was 0.00.


DUC's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 6.005 vs DUC: 5.65

Competitive Comparison of DUFF & PHELPS UTILITYRPORATE BOND TRUST's 5-Year Yield-on-Cost %

For the Asset Management subindustry, DUFF & PHELPS UTILITYRPORATE BOND 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.


DUFF & PHELPS UTILITYRPORATE BOND TRUST's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DUFF & PHELPS UTILITYRPORATE BOND TRUST's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where DUFF & PHELPS UTILITYRPORATE BOND TRUST's 5-Year Yield-on-Cost % falls into.



DUFF & PHELPS UTILITYRPORATE BOND 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 DUFF & PHELPS UTILITYRPORATE BOND TRUST is calculated as

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

DUFF & PHELPS UTILITYRPORATE BOND TRUST  (NYSE:DUC) 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.


DUFF & PHELPS UTILITYRPORATE BOND TRUST 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of DUFF & PHELPS UTILITYRPORATE BOND TRUST's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


DUFF & PHELPS UTILITYRPORATE BOND TRUST (DUFF & PHELPS UTILITYRPORATE BOND TRUST) Business Description

Traded in Other Exchanges
N/A
Address
200 South Wacker Drive, Suite 500, Chicago, IL, USA, 60606
DUFF & PHELPS UTILITY & CORPORATE BOND TRUST INC is a diversified, closed-end management investment company. Its investment objective is to seek high current income consistent with investing in securities of investment-grade quality.
Executives
George W Karpus other: See Explanation of Responses
Grumhaus David D Jr. other: Officer of Investment Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Hoffman Clifford W. Jr. director C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
William J Renahan officer: VP and Secretary 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Eileen A Moran director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Robert J Genetski director 195 N. HARBOR DR, SUITE 4903, CHICAGO IL 60601
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Eric Elvekrog other: Officer of Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Daniel Petrisko officer: VP and CIO 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Michael A Angerthal other: Director of the Adviser C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Stewart E Conner director
Duckworth Connie K director EIGHT WINGS ENTERPRISES, 77 STONE AGTE LANE, LAKE FOREST IL 60045