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Rand Capital (Rand Capital) 5-Year Yield-on-Cost % : 7.10 (As of Apr. 29, 2024)


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What is Rand Capital 5-Year Yield-on-Cost %?

Rand Capital's yield on cost for the quarter that ended in Dec. 2023 was 7.10.


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

RAND' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.33   Med: 6.02   Max: 10.72
Current: 7.1


During the past 13 years, Rand Capital's highest Yield on Cost was 10.72. The lowest was 2.33. And the median was 6.02.


RAND's 5-Year Yield-on-Cost % is ranked better than
57.18% of 1212 companies
in the Asset Management industry
Industry Median: 6 vs RAND: 7.10

Competitive Comparison of Rand Capital's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Rand Capital'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.


Rand Capital's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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



Rand Capital 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 Rand Capital is calculated as

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

Rand Capital  (NAS:RAND) 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.


Rand Capital 5-Year Yield-on-Cost % Related Terms

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


Rand Capital (Rand Capital) Business Description

Traded in Other Exchanges
N/A
Address
1405 Rand Building, Buffalo, NY, USA, 14203
Rand Capital Corp is a closed-end, diversified management company. The firm's investment objectives is to maximize the total return to the shareholders with current income combined with capital appreciation. Some of its portfolios include lumious, and GiveGab among others.
Executives
Benjamin E Godley director RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203
Adam Samuel Gusky director RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203
Cari L Jaroslawsky director C/O HARTER SECREST & EMERY LLP, 1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Daniel P Penberthy officer: EVP and CFO C/O RAND CAPITAL CORP, 2200 RAND BLDG, BUFFALO NY 14203
Robert M Zak director 250 MAIN STREET, BUFFALO NY 14202
Erland E Kailbourne director C/O RAND CAPITAL CORP, 2200 RAND BUILDING, BUFFFALO NY 14203
Heather Eastgate officer: Chief Compliance Officer C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO NY 14203
East Asset Management, Llc 10 percent owner 777 NW BEACON SQUARE BLVD., BOCA RATON FL 33487
Nancy Marie Stone officer: Chief Compliance Officer C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO NY 14203
Margaret Brechtel officer: EVP, Treas., CFO & Sec. C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO NY 14203
User-friendly Holding, Llc 10 percent owner 10200 GROGANS MILL RD., SUITE 440, THE WOODLANDS TX 77380
User-friendly Phone Book, Llc 10 percent owner 10200 GROGANS MILL RD., SUITE 440, THE WOODLANDS TX 77380
Newman Reginald B Ii director PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225
Utility Service Holding Co., Inc. 10 percent owner P.O. BOX 240, WARTHEN GA 31094
Colmac Holdings Ltd 10 percent owner 8 KING STREET EAST, SUITE 1901, TORONTO A6 M5C 1B5