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First Asset CanBanc Split (TSX:CBU.PR.A.PFD) 5-Year Yield-on-Cost % : 1.63 (As of May. 19, 2025)


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What is First Asset CanBanc Split 5-Year Yield-on-Cost %?

First Asset CanBanc Split's yield on cost for the quarter that ended in Jun. 2015 was 1.63.


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

TSX:CBU.PR.A.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.63   Med: 4.09   Max: 5.11
Current: 1.63


During the past 6 years, First Asset CanBanc Split's highest Yield on Cost was 5.11. The lowest was 1.63. And the median was 4.09.


TSX:CBU.PR.A.PFD's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 6.41 vs TSX:CBU.PR.A.PFD: 1.63

Competitive Comparison of First Asset CanBanc Split's 5-Year Yield-on-Cost %

For the Asset Management subindustry, First Asset CanBanc Split'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.


First Asset CanBanc Split's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where First Asset CanBanc Split's 5-Year Yield-on-Cost % falls into.


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First Asset CanBanc Split 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 First Asset CanBanc Split is calculated as

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

First Asset CanBanc Split  (TSX:CBU.PR.A.PFD) 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.


First Asset CanBanc Split 5-Year Yield-on-Cost % Related Terms

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First Asset CanBanc Split Business Description

Traded in Other Exchanges
N/A
Address
First Asset CanBanc Split Corp was incorporated under the laws of the Province of Ontario on September 5, 2008, is a mutual fund corporation whose investment portfolio consists of common shares of the six largest Canadian banks. The Fund's objectives in managing its capital with respect to the preferred shares are to provide preferred shareholders with fixed cumulative preferential quarterly cash distributions in the amount of $0.1625 per preferred share and to return the original issue price to preferred shareholders at the time of redemption of such shares on or about January 15, 2016. The Fund's objectives in managing its capital with respect to the Class A shares are to provide Class A shareholders with the opportunity to participate in the performance of the Fund's portfolio on a leveraged basis and to benefit from any increase in the dividends from the securities in the Fund's portfolio.

First Asset CanBanc Split Headlines

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