Gabelli Utility Trust (Gabelli Utility Trust) 5-Year Yield-on-Cost % : 11.88 (As of Apr. 25, 2024)

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What is Gabelli Utility Trust 5-Year Yield-on-Cost %?

Gabelli Utility Trust's yield on cost for the quarter that ended in Dec. 2023 was 11.88.

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

GUT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 7.73 Med: 8.92 Max: 13.4
Current: 11.88

During the past 7 years, Gabelli Utility Trust's highest Yield on Cost was 13.40. The lowest was 7.73. And the median was 8.92.

GUT's 5-Year Yield-on-Cost % is ranked better than
84.18% of 1214 companies
in the Asset Management industry
Industry Median: 5.985 vs GUT: 11.88

Competitive Comparison of Gabelli Utility Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Gabelli Utility 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 Utility Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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

Gabelli Utility 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 Utility Trust is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Gabelli Utility Trust (NYSE:GUT) 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 Utility Trust 5-Year Yield-on-Cost % Related Terms

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

Gabelli Utility Trust (Gabelli Utility Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Utility Trust (NYSE:GUT) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

GUTpC.PFD:USA

Address

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

Website

https://www.gabelli.com

Gabelli Utility Trust operates as a diversified closed-end investment management company. The fund's primary objective is the long-term growth of capital and income. To achieve its objective, the fund may invest 80% of its assets in common stocks and other securities of foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas, & water; and telecommunications services or infrastructure operations. It invests in various sectors, of which Electric Integrated, Water, Telecommunications, and U.S. Government Obligations account for the majority weightage.

Executives

Bank Of America Na	other: Former 10% Owner	100 N. TRYON STREET, CHARLOTTE NC 28255
Bank Of America Corp /de/	other: Former 10% Owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Leslie Fahrenkopf Foley	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Mario J Gabelli	officer: Chairman and CIO, other: Trustee	191 MASON STREET, GREENWICH CT 06830
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
John Birch	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Elizabeth C Bogan	director	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Ferrantino Michael J Jr	director	12 MARTINGALE LANE, ANDOVER MA 01810
Michael J Melarkey	director	ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
Merrill Lynch, Pierce, Fenner & Smith Inc.	10 percent owner	4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Merrill Lynch & Co., Inc.	10 percent owner	4 WORLD FINANCIAL CTR, NEW YORK NY 10080
Agnes Mullady	officer: Treasurer	ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza	other: Trustee	810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019