Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) 5-Year Yield-on-Cost % : 3.94 (As of Apr. 25, 2024)

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What is Gabelli Dividend &ome Trust 5-Year Yield-on-Cost %?

Gabelli Dividend &ome Trust's yield on cost for the quarter that ended in Dec. 2023 was 3.94.

The historical rank and industry rank for Gabelli Dividend &ome Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

GDVpG.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.94 Med: 6.19 Max: 11.11
Current: 3.94

During the past 7 years, Gabelli Dividend &ome Trust's highest Yield on Cost was 11.11. The lowest was 3.94. And the median was 6.19.

GDVpG.PFD's 5-Year Yield-on-Cost % is ranked worse than
50.16% of 1214 companies
in the Asset Management industry
Industry Median: 5.985 vs GDVpG.PFD: 3.94

Competitive Comparison of Gabelli Dividend &ome Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Gabelli Dividend &ome Trust'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.

Gabelli Dividend &ome Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Dividend &ome Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Gabelli Dividend &ome Trust's 5-Year Yield-on-Cost % falls into.

Gabelli Dividend &ome Trust 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 Gabelli Dividend &ome Trust is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Gabelli Dividend &ome Trust (NYSE:GDVpG.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.

Gabelli Dividend &ome Trust 5-Year Yield-on-Cost % Related Terms

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Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Dividend & Income Trust (NYSE:GDVpG.PFD) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

GDVpK.PFD:USA GDVPH.PFD:USA GDV:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Dividend & Income Trust operates as a diversified closed-end management investment company. The fund's investment objective is to provide a high level of total return on its assets with an emphasis on dividends and income. To achieve its objective, the fund may invest 80% of its assets in dividend-paying securities or other income-producing securities. The fund invests in various sectors, in which Financial Services, Food & Beverage, Health Care, Consumer Products, Electronics and Computer Software & Services accounts for the majority weightage.