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Blue Ribbonome Fund (TSX:RBN.UN) 5-Year Yield-on-Cost % : 4.84 (As of May. 27, 2024)


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What is Blue Ribbonome Fund 5-Year Yield-on-Cost %?

Blue Ribbonome Fund's yield on cost for the quarter that ended in Dec. 2023 was 4.84.


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

TSX:RBN.UN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.23   Med: 5.53   Max: 13.21
Current: 4.84


During the past 13 years, Blue Ribbonome Fund's highest Yield on Cost was 13.21. The lowest was 4.23. And the median was 5.53.


TSX:RBN.UN's 5-Year Yield-on-Cost % is ranked worse than
58.44% of 1215 companies
in the Asset Management industry
Industry Median: 5.92 vs TSX:RBN.UN: 4.84

Competitive Comparison of Blue Ribbonome Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Blue Ribbonome 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.


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

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

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



Blue Ribbonome 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 Blue Ribbonome Fund is calculated as

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

Blue Ribbonome Fund  (TSX:RBN.UN) 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.


Blue Ribbonome Fund 5-Year Yield-on-Cost % Related Terms

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Blue Ribbonome Fund (TSX:RBN.UN) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Brookfield Place, Suite 2930, Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Blue Ribbon Income Fund is a is a mutual fund trust. The fund aims to provide a high level of monthly distributions and the opportunity to participate in capital gains by actively managing a portfolio of publicly listed or traded securities, including income trusts, royalty trusts, real estate investment trusts, common shares, preferred securities, and debt instruments. Its Consumer Staples and Discretionary, Financial, Industrials, Pipes, Power, Utilities, Infrastructure, Real Estate, and others are securities by market segment.

Blue Ribbonome Fund (TSX:RBN.UN) Headlines

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