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S Split (TSX:SBN) 5-Year Yield-on-Cost % : 0.00 (As of May. 11, 2024)


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What is S Split 5-Year Yield-on-Cost %?

S Split's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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


During the past 13 years, S Split's highest Yield on Cost was 14.34. The lowest was 0.00. And the median was 7.36.


TSX:SBN's 5-Year Yield-on-Cost % is not ranked *
in the Asset Management industry.
Industry Median: 5.935
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of S Split's 5-Year Yield-on-Cost %

For the Asset Management subindustry, S 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.


S Split's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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



S 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 S Split is calculated as

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

S Split  (TSX:SBN) 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.


S Split 5-Year Yield-on-Cost % Related Terms

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S Split (TSX:SBN) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 2600, P.O. Box 113, Toronto, ON, CAN, M5H 3T9
S Split Corp is a mutual fund corporation. The Fund invests in common shares of The Bank of Nova Scotia (BNS) and may also invest up to 10 percent of its net assets to purchase call options in respect of securities in which the Fund is permitted to invest. The Fund employs an active covered call strategy to enhance the income generated by the BNS shares and to reduce volatility. In addition, the Fund may write cash-covered put options in respect of securities in which it is permitted to invest.

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