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First Trust Energy Income & Growth Fund  (AMEX:FEN) 5-Year Yield-on-Cost %: 11.86 (As of May. 2017)

First Trust Energy Income & Growth Fund's yield on cost for the quarter that ended in May. 2017 was 11.86.


AMEX:FEN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.69   Max: 14.58
Current: 11.86

2.69
14.58

During the past 7 years, First Trust Energy Income & Growth Fund's highest Yield on Cost was 14.58. The lowest was 2.69. And the median was 7.81.


AMEX:FEN's 5-Year Yield-on-Cost % is ranked higher than
86% of the 1788 Companies
in the Global industry.

( Industry Median: 4.57 vs. AMEX:FEN: 11.86 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

First Trust Energy Income & Growth Fund Annual Data

Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
5-Year Yield-on-Cost % Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

First Trust Energy Income & Growth Fund Semi-Annual Data

May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17
5-Year Yield-on-Cost % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Competitive Comparison
* 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.


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 Trust Energy Income & Growth Fund is calculated as

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

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.


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