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Generation Development Group (ASX:GDG) 5-Year Yield-on-Cost % : 0.91 (As of Apr. 25, 2024)


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What is Generation Development Group 5-Year Yield-on-Cost %?

Generation Development Group's yield on cost for the quarter that ended in Dec. 2023 was 0.91.


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

ASX:GDG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.91   Med: 2.76   Max: 8.7
Current: 0.91


During the past 13 years, Generation Development Group's highest Yield on Cost was 8.70. The lowest was 0.91. And the median was 2.76.


ASX:GDG's 5-Year Yield-on-Cost % is ranked worse than
94.65% of 1214 companies
in the Asset Management industry
Industry Median: 5.985 vs ASX:GDG: 0.91

Competitive Comparison of Generation Development Group's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Generation Development Group'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.


Generation Development Group's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Generation Development Group's 5-Year Yield-on-Cost % falls into.



Generation Development Group 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 Generation Development Group is calculated as

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

Generation Development Group  (ASX:GDG) 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.


Generation Development Group 5-Year Yield-on-Cost % Related Terms

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Generation Development Group (ASX:GDG) Business Description

Traded in Other Exchanges
N/A
Address
447 Collins Street, Level 17, Melbourne, VIC, AUS, 3000
Generation Development Group Ltd operates as a registered Pooled Development Fund specializing in providing development capital to financial sector businesses. It offers investment bond products, management of life insurance and life investment products and services to the retail sector in Australia, and the provision of administration services in the financial services industry. The Group's revenue consists of management fees for the rendering services, and distribution and dividends income from investments. Other sources of revenue include interest income from term deposit investments.

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