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GAB (Gabelli Equity Trust) 5-Year Yield-on-Cost % : 11.17 (As of Apr. 10, 2025)


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What is Gabelli Equity Trust 5-Year Yield-on-Cost %?

Gabelli Equity Trust's yield on cost for the quarter that ended in Dec. 2024 was 11.17.


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

GAB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.4   Med: 10.38   Max: 15.84
Current: 11.17


During the past 9 years, Gabelli Equity Trust's highest Yield on Cost was 15.84. The lowest was 2.40. And the median was 10.38.


GAB's 5-Year Yield-on-Cost % is ranked better than
76.9% of 1169 companies
in the Asset Management industry
Industry Median: 6.73 vs GAB: 11.17

Competitive Comparison of Gabelli Equity Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Gabelli Equity 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.


Gabelli Equity Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Gabelli Equity Trust's 5-Year Yield-on-Cost % falls into.


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Gabelli Equity 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 Gabelli Equity Trust is calculated as

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

Gabelli Equity Trust  (NYSE:GAB) 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.


Gabelli Equity Trust 5-Year Yield-on-Cost % Related Terms

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


Gabelli Equity Trust Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Equity Trust Inc is a non-diversified closed-end management investment company. Its primary investment objective is the long-term growth of capital with income as a secondary objective. The Fund invests at least its assets in equity securities under normal market conditions. Its equity portfolio includes common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities selected by the Investment Adviser. The company invests in various sectors, of which Food & Beverage, Financial Services, Equipment and Supplies, Entertainment, Consumer Products, Health Care, Diversified Industrial, Business Services, Consumer Services and others.
Executives
Mario J Gabelli director 191 MASON STREET, GREENWICH CT 06830
Laura Linehan director C/O ONE CORPORATE CENTER, RYE, NY, RYE NY 10580
Elizabeth C Bogan director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Ferrantino Michael J Jr director 12 MARTINGALE LANE, ANDOVER MA 01810
Anthony R Pustorino director ONE CORPORATE CENTER, RYE NY 10580
Anthony J Colavita director ONE CORPORATE CENTER, RYE NY 10580
William F Heitmann director 1095 AVENUE OF THE AMERICAS, ROOM 4140, NEW YORK NY 10036-6797
Gamco Investors, Inc. Et Al other: Owner of Adviser 191 MASON STREET, GREENWICH CT 06830
Arthur V Ferrara director ONE CORPORATE CENTER, RYE NY 10580

Gabelli Equity Trust Headlines

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