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Gresham House Energy Storage Fund (LSE:GRID) 5-Year Yield-on-Cost % : 9.84 (As of May. 25, 2024)


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What is Gresham House Energy Storage Fund 5-Year Yield-on-Cost %?

Gresham House Energy Storage Fund's yield on cost for the quarter that ended in Dec. 2023 was 9.84.


The historical rank and industry rank for Gresham House Energy Storage Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

LSE:GRID' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.9   Med: 5.21   Max: 18.81
Current: 9.84


During the past 5 years, Gresham House Energy Storage Fund's highest Yield on Cost was 18.81. The lowest was 3.90. And the median was 5.21.


LSE:GRID's 5-Year Yield-on-Cost % is ranked better than
74.2% of 1217 companies
in the Asset Management industry
Industry Median: 5.89 vs LSE:GRID: 9.84

Competitive Comparison of Gresham House Energy Storage Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Gresham House Energy Storage 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.


Gresham House Energy Storage Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gresham House Energy Storage Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Gresham House Energy Storage Fund's 5-Year Yield-on-Cost % falls into.



Gresham House Energy Storage 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 Gresham House Energy Storage Fund is calculated as

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

Gresham House Energy Storage Fund  (LSE:GRID) 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.


Gresham House Energy Storage Fund 5-Year Yield-on-Cost % Related Terms

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Gresham House Energy Storage Fund (LSE:GRID) Business Description

Traded in Other Exchanges
Address
52 Lime Street, The Scalpel, 18th Floor, London, GBR, EC3M 7AF
Gresham House Energy Storage Fund PLC is a closed-ended investment company. It invests in a diversified portfolio of operating utility-scale Battery Energy Storage Systems (BESS), which utilize batteries and may also utilize generators in Great Britain.

Gresham House Energy Storage Fund (LSE:GRID) Headlines