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Diversified Royalty (TSX:DIV) 5-Year Yield-on-Cost %

: 9.24 (As of Today)
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Diversified Royalty's yield on cost for the quarter that ended in Dec. 2023 was 9.24.


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

TSX:DIV' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.16   Med: 8.21   Max: 16.91
Current: 9.24

During the past 13 years, Diversified Royalty's highest Yield on Cost was 16.91. The lowest was 1.16. And the median was 8.21.


TSX:DIV's 5-Year Yield-on-Cost % is ranked better than
87.61% of 339 companies
in the Conglomerates industry
Industry Median: 3.39 vs TSX:DIV: 9.24
Competitive Comparison

For the Conglomerates subindustry, Diversified Royalty'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.

Diversified Royalty 5-Year Yield-on-Cost % Distribution

For the Conglomerates industry and Industrials sector, Diversified Royalty's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Diversified Royalty's 5-Year Yield-on-Cost % falls into.


Diversified Royalty 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 Diversified Royalty is calculated as

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

Diversified Royalty  (TSX:DIV) 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.

Diversified Royalty 5-Year Yield-on-Cost % Related Terms

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Diversified Royalty (TSX:DIV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Diversified Royalty Corp (TSX:DIV) » Definitions » 5-Year Yield-on-Cost %
Comparable Companies
TSXV:DE TSXV:SIQ.H TSX:BBU.UN ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI TSE:8053 TSE:8002 HKSE:00267 TSE:4901 TSE:8015 BSP:ITSA3 GCARSOA1 TSE:6971 HKSE:00001
Traded in Other Exchanges
BEVFF:USA BEW:Germany
Address
609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Website
https://www.diversifiedroyaltycorp.com
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.