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Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) 5-Year Yield-on-Cost % : 5.90 (As of Apr. 25, 2024)


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What is Advent/claymore Enhanced Growth &ome 5-Year Yield-on-Cost %?

Advent/claymore Enhanced Growth &ome's yield on cost for the quarter that ended in Apr. 2018 was 5.90.


The historical rank and industry rank for Advent/claymore Enhanced Growth &ome's 5-Year Yield-on-Cost % or its related term are showing as below:

LCM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.97
Current: 5.9


During the past 1 years, Advent/claymore Enhanced Growth &ome's highest Yield on Cost was 5.97. The lowest was 0.00. And the median was 0.00.


LCM's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 5.985 vs LCM: 5.90

Competitive Comparison of Advent/claymore Enhanced Growth &ome's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Advent/claymore Enhanced Growth &ome'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.


Advent/claymore Enhanced Growth &ome's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent/claymore Enhanced Growth &ome's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Advent/claymore Enhanced Growth &ome's 5-Year Yield-on-Cost % falls into.



Advent/claymore Enhanced Growth &ome 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 Advent/claymore Enhanced Growth &ome is calculated as

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

Advent/claymore Enhanced Growth &ome  (NYSE:LCM) 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.


Advent/claymore Enhanced Growth &ome 5-Year Yield-on-Cost % Related Terms

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Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Business Description

Traded in Other Exchanges
N/A
Address
Advent/claymore Enhanced Growth & Income is a diversified, closed-end management investment company. Its investment objective is to seek current income and current gains from trading in securities, with a objective of long-term capital appreciation.
Executives
Tony Huang officer: V.P. & Assistant Secretary 227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Tracy V Maitland director, officer: Chairman, CEO & President, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Doug Teresko other: Managing Director 1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Edward C Delk officer: CCO & Secy 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Michael A Smart director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Robert Scott Schwartz officer: Chief Compliance Officer 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10002
Derek Medina director, other: Trustee ABC NEWS, 47 WEST 66TH STREET, NEW YORK NY 100123
Richard Rosen other: Portfolio Manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532

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