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NextEnergy Solar Fund (LSE:NESF) 5-Year Yield-on-Cost % : 12.31 (As of May. 05, 2024)


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What is NextEnergy Solar Fund 5-Year Yield-on-Cost %?

NextEnergy Solar Fund's yield on cost for the quarter that ended in Mar. 2023 was 12.31.


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

LSE:NESF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.96   Med: 7.39   Max: 12.49
Current: 12.31


During the past 9 years, NextEnergy Solar Fund's highest Yield on Cost was 12.49. The lowest was 5.96. And the median was 7.39.


LSE:NESF's 5-Year Yield-on-Cost % is ranked better than
86.88% of 1212 companies
in the Asset Management industry
Industry Median: 5.99 vs LSE:NESF: 12.31

Competitive Comparison of NextEnergy Solar Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, NextEnergy Solar 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.


NextEnergy Solar Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where NextEnergy Solar Fund's 5-Year Yield-on-Cost % falls into.



NextEnergy Solar 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 NextEnergy Solar Fund is calculated as

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

NextEnergy Solar Fund  (LSE:NESF) 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.


NextEnergy Solar Fund 5-Year Yield-on-Cost % Related Terms

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NextEnergy Solar Fund (LSE:NESF) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Floor 2, Les Banques, St. Peter Port, GGY, GY1 4LY
NextEnergy Solar Fund Ltd is a closed-ended investment company. The company seeks to provide investors with a sustainable and attractive dividend that increases in line with RPI over the long term. It invests in solar photovoltaic plants or debt financing through its subsidiaries and generates revenues from the sale of electricity.

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