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North American Financial 15 Split (TSX:FFN) 5-Year Yield-on-Cost % : 1.09 (As of Apr. 27, 2024)


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What is North American Financial 15 Split 5-Year Yield-on-Cost %?

North American Financial 15 Split's yield on cost for the quarter that ended in Nov. 2023 was 1.09.


The historical rank and industry rank for North American Financial 15 Split's 5-Year Yield-on-Cost % or its related term are showing as below:

TSX:FFN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.07   Med: 4.05   Max: 11.81
Current: 1.09


During the past 13 years, North American Financial 15 Split's highest Yield on Cost was 11.81. The lowest was 1.07. And the median was 4.05.


TSX:FFN's 5-Year Yield-on-Cost % is ranked worse than
92.59% of 1214 companies
in the Asset Management industry
Industry Median: 6 vs TSX:FFN: 1.09

Competitive Comparison of North American Financial 15 Split's 5-Year Yield-on-Cost %

For the Asset Management subindustry, North American Financial 15 Split'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.


North American Financial 15 Split's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, North American Financial 15 Split's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where North American Financial 15 Split's 5-Year Yield-on-Cost % falls into.



North American Financial 15 Split 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 North American Financial 15 Split is calculated as

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

North American Financial 15 Split  (TSX:FFN) 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.


North American Financial 15 Split 5-Year Yield-on-Cost % Related Terms

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North American Financial 15 Split (TSX:FFN) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
North American Financial 15 Split Corp is an investment company. It invests in an actively managed portfolio of common shares comprised of core large-capitalization Canadian and United States financial services companies. It also invests in equity securities of issuers. The company's investment objective is to provide holders of Preferred Shares with cumulative preferential monthly cash dividends and to provide holders of Class A shares with regular monthly cash distributions.

North American Financial 15 Split (TSX:FFN) Headlines

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