Thorney Opportunities (ASX:TOP) 5-Year Yield-on-Cost % : 6.22 (As of Jan. 19, 2025)

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What is Thorney Opportunities 5-Year Yield-on-Cost %?

Thorney Opportunities's yield on cost for the quarter that ended in Jun. 2024 was 6.22.

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

ASX:TOP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.31 Med: 5.56 Max: 8.94
Current: 6.22

During the past 13 years, Thorney Opportunities's highest Yield on Cost was 8.94. The lowest was 2.31. And the median was 5.56.

ASX:TOP's 5-Year Yield-on-Cost % is ranked better than
52.18% of 1190 companies
in the Asset Management industry
Industry Median: 5.94 vs ASX:TOP: 6.22

Competitive Comparison of Thorney Opportunities's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Thorney Opportunities'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.

Thorney Opportunities's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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

Thorney Opportunities 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 Thorney Opportunities is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Thorney Opportunities (ASX:TOP) 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.

Thorney Opportunities 5-Year Yield-on-Cost % Related Terms

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Thorney Opportunities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Thorney Opportunities Ltd (ASX:TOP) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Collins Street, Level 45, Melbourne, VIC, AUS, 3000

Website

https://www.thorney.com.au/thorney-opportunities

Thorney Opportunities Ltd is an investment company. Its principal activity is making investments in listed and unlisted securities in media, automotive, energy, and pharmaceutical. sectors. The company's primary focus is on the careful selection of investments which enable it to be a constructive catalyst towards unlocking the value in the companies that it identifies. The company concentrates on producing absolute returns for shareholders over the medium to long term.