GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eagle Point Credit Co Inc (NYSE:ECCC.PFD) » Definitions » 5-Year Yield-on-Cost %

Eagle Point Credit Co (Eagle Point Credit Co) 5-Year Yield-on-Cost % : 4.76 (As of Apr. 29, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Eagle Point Credit Co 5-Year Yield-on-Cost %?

Eagle Point Credit Co's yield on cost for the quarter that ended in Dec. 2023 was 4.76.


The historical rank and industry rank for Eagle Point Credit Co's 5-Year Yield-on-Cost % or its related term are showing as below:

ECCC.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.66   Med: 8.95   Max: 31.15
Current: 4.76


During the past 7 years, Eagle Point Credit Co's highest Yield on Cost was 31.15. The lowest was 0.66. And the median was 8.95.


ECCC.PFD's 5-Year Yield-on-Cost % is ranked better than
80.94% of 1212 companies
in the Asset Management industry
Industry Median: 6 vs ECCC.PFD: 4.76

Competitive Comparison of Eagle Point Credit Co's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Eagle Point Credit Co'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.


Eagle Point Credit Co's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eagle Point Credit Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Eagle Point Credit Co's 5-Year Yield-on-Cost % falls into.



Eagle Point Credit Co 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 Eagle Point Credit Co is calculated as

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

Eagle Point Credit Co  (NYSE:ECCC.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.


Eagle Point Credit Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Eagle Point Credit Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Eagle Point Credit Co (Eagle Point Credit Co) Business Description

Traded in Other Exchanges
Address
600 Steamboat Road, Suite 202, Greenwich, CT, USA, 06830
Eagle Point Credit Co Inc is an externally managed, non-diversified closed-end management investment company.

Eagle Point Credit Co (Eagle Point Credit Co) Headlines

From GuruFocus