GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flaherty & Crumrine Total Return Fund Inc (NYSE:FLC) » Definitions » 5-Year Yield-on-Cost %

Flaherty & Crumrine Total Return Fund (Flaherty & Crumrine Total Return Fund) 5-Year Yield-on-Cost %

: 5.96 (As of Today)
View and export this data going back to 2003. Start your Free Trial

Flaherty & Crumrine Total Return Fund's yield on cost for the quarter that ended in Nov. 2023 was 5.96.


The historical rank and industry rank for Flaherty & Crumrine Total Return Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

FLC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.87   Med: 6.28   Max: 9.51
Current: 5.96


During the past 7 years, Flaherty & Crumrine Total Return Fund's highest Yield on Cost was 9.51. The lowest was 4.87. And the median was 6.28.


FLC's 5-Year Yield-on-Cost % is ranked worse than
51.15% of 1218 companies
in the Asset Management industry
Industry Median: 6.01 vs FLC: 5.96

Competitive Comparison

For the Asset Management subindustry, Flaherty & Crumrine Total Return Fund'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.


Flaherty & Crumrine Total Return Fund 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Total Return Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Total Return Fund's 5-Year Yield-on-Cost % falls into.



Flaherty & Crumrine Total Return Fund 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 Flaherty & Crumrine Total Return Fund is calculated as

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

Flaherty & Crumrine Total Return Fund  (NYSE:FLC) 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.


Flaherty & Crumrine Total Return Fund 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Total Return Fund's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Flaherty & Crumrine Total Return Fund (Flaherty & Crumrine Total Return Fund) Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Total Return Fund Inc is a diversified, closed-end investment management company. Its investment objective is to provide its common shareholders with a high current income. The fund's secondary investment objective is capital appreciation.
Executives
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Bradford S Stone officer: Vice President, Asst Treasurer 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Merrill Lynch & Co., Inc. 10 percent owner 4 WORLD FINANCIAL CTR, NEW YORK NY 10080
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Flaherty & Crumrine Inc other: Investment Adviser 301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101
Peter C Stimes officer: VP, CFO, Chief Accounting Off. 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Donald F Crumrine director, officer: Chief Executive Officer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert E Chadwick officer: VP, Secretary, Asst. Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101

Flaherty & Crumrine Total Return Fund (Flaherty & Crumrine Total Return Fund) Headlines