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Cushing� NextGen Infrastructureome Fund (Cushing� NextGen Infrastructureome Fund) 5-Year Yield-on-Cost % : 5.92 (As of Apr. 27, 2024)


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What is Cushing� NextGen Infrastructureome Fund 5-Year Yield-on-Cost %?

Cushing� NextGen Infrastructureome Fund's yield on cost for the quarter that ended in Nov. 2023 was 5.92.


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

NXG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.34   Med: 4.22   Max: 13.12
Current: 5.92


During the past 7 years, Cushing� NextGen Infrastructureome Fund's highest Yield on Cost was 13.12. The lowest was 2.34. And the median was 4.22.


NXG's 5-Year Yield-on-Cost % is ranked worse than
50.82% of 1214 companies
in the Asset Management industry
Industry Median: 6 vs NXG: 5.92

Competitive Comparison of Cushing� NextGen Infrastructureome Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Cushing� NextGen Infrastructureome 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.


Cushing� NextGen Infrastructureome Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Cushing� NextGen Infrastructureome Fund's 5-Year Yield-on-Cost % falls into.



Cushing� NextGen Infrastructureome 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 Cushing� NextGen Infrastructureome Fund is calculated as

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

Cushing� NextGen Infrastructureome Fund  (NYSE:NXG) 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.


Cushing� NextGen Infrastructureome Fund 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Cushing� NextGen Infrastructureome Fund's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cushing� NextGen Infrastructureome Fund (Cushing� NextGen Infrastructureome Fund) Business Description

Traded in Other Exchanges
N/A
Address
600 N. Pearl Street, Suite 1205, Dallas, TX, USA, 75201
Cushing NextGen Infrastructure Income Fund is a closed-end investment management company. Its investment objective is to seek a high total return with a focus on current income. The Fund invests at least 80% of its net assets in a portfolio of equity and debt securities of infrastructure companies, including energy infrastructure companies, industrial infrastructure companies, sustainable infrastructure companies, and technology & communication infrastructure companies.
Executives
Jerry V Swank officer: CEO and President, other: Trustee, Chairman of the Board 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Todd Sunderland other: Adviser COO 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Blake Nelson officer: Chief Financial Officer 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Jeffrey A Engelsman officer: Chief Compliance Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
John Alban officer: CFO and Treasurer THE CUSHING MLP TOTAL RETURN FUND, 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Mark Rhodes officer: President 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Andrea Mullins director 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
Mathew Calabro officer: Chief Compliance Officer 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
John M. Musgrave other: Adviser Managing Partner 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Hari Kusumakar other: Portfolio Manager 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Alex Palma other: Portfolio Manager 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Brenda A Cline other: Trustee 5101 TENNYSON PARKWAY, PLANO TX 75024
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882