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Source Capital (Source Capital) 5-Year Yield-on-Cost % : 17.12 (As of Apr. 25, 2024)


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What is Source Capital 5-Year Yield-on-Cost %?

Source Capital's yield on cost for the quarter that ended in Dec. 2023 was 17.12.


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

SOR' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.75   Med: 9.24   Max: 18.1
Current: 17.12


During the past 7 years, Source Capital's highest Yield on Cost was 18.10. The lowest was 6.75. And the median was 9.24.


SOR's 5-Year Yield-on-Cost % is ranked better than
93.66% of 1214 companies
in the Asset Management industry
Industry Median: 6.01 vs SOR: 17.12

Competitive Comparison of Source Capital's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Source Capital'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.


Source Capital's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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



Source Capital 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 Source Capital is calculated as

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

Source Capital  (NYSE:SOR) 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.


Source Capital 5-Year Yield-on-Cost % Related Terms

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


Source Capital (Source Capital) Business Description

Traded in Other Exchanges
N/A
Address
11601 Wilshire Boulevard, Suite 1200, Los Angeles, CA, USA, 90025
Source Capital Inc is a diversified, closed-end management investment company. The investment objective of the company is to seek maximum total return for Common shareholders from both capital appreciation and investment income to the extent consistent with the protection of invested capital. Its investment portfolio includes a wide range of securities with a primary emphasis on common stock.
Executives
Korey Bauer officer: Vice President 2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Martin Dziura officer: Chief Compliance Officer 309 WOODRIDGE LANE, MEDIA PA 19063
Rita Dam officer: Treasurer 2220 EAST ROUTE 66, SUITE 226, GLENDORA CA 91740
Lyna Phan officer: Assistant Treasurer 2220 EAST ROUTE 66, SUITE 226, GLENDORA CA 91740
Diane J Drake officer: Secretary 2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Max Banhazl officer: Vice President 2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Amy Centurioni officer: Assistant Secretary 2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
John Zader director 11601 WISHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90025
Maureen A Quill director 11601 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90025
Brian A. Selmo other: Officer of inv co's inv adv 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
Mark L. Lipson director 100 WILSHIRE BOULEVARD, SUITE 1200, SANTA MONICA CA 90401
Ryan A. Leggio other: Officer of inv co's inv adv 11601 WILSHIRE BLVD, SUITE 1200, LOS ANGELES CA 90025
Robert F Goldrich director LEON LEVY FOUNDATION, ONE ROCKEFELLER PLAZA, 20TH FLOOR, NEW YORK NY 10020
Thomas H Atteberry other: partner of inv co's inv adv 11400 W OLYMPIC BLVD, STE 1200, LOS ANGELES CA 90064
Mark Landecker other: Officer of inv co's inv adv 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064