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BlackRock Innovation & Growth Tr (BlackRock Innovation & Growth Tr) 5-Year Yield-on-Cost % : 8.99 (As of May. 07, 2024)


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What is BlackRock Innovation & Growth Tr 5-Year Yield-on-Cost %?

BlackRock Innovation & Growth Tr's yield on cost for the quarter that ended in Dec. 2023 was 8.99.


The historical rank and industry rank for BlackRock Innovation & Growth Tr's 5-Year Yield-on-Cost % or its related term are showing as below:

BIGZ' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.69   Med: 9.81   Max: 15.89
Current: 8.99


During the past 3 years, BlackRock Innovation & Growth Tr's highest Yield on Cost was 15.89. The lowest was 0.69. And the median was 9.81.


BIGZ's 5-Year Yield-on-Cost % is ranked better than
71.75% of 1214 companies
in the Asset Management industry
Industry Median: 5.98 vs BIGZ: 8.99

Competitive Comparison of BlackRock Innovation & Growth Tr's 5-Year Yield-on-Cost %

For the Asset Management subindustry, BlackRock Innovation & Growth Tr'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.


BlackRock Innovation & Growth Tr's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Innovation & Growth Tr's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where BlackRock Innovation & Growth Tr's 5-Year Yield-on-Cost % falls into.



BlackRock Innovation & Growth Tr 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 BlackRock Innovation & Growth Tr is calculated as

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

BlackRock Innovation & Growth Tr  (NYSE:BIGZ) 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.


BlackRock Innovation & Growth Tr 5-Year Yield-on-Cost % Related Terms

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BlackRock Innovation & Growth Tr (BlackRock Innovation & Growth Tr) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Innovation & Growth Tr is a non-diversified, closed-end management investment company. The Trust's investment objectives are to provide total return and income through a combination of current income, current gains, and long-term capital appreciation.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Philip Henry Ruvinsky other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
John Perlowski director, officer: See Remarks 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Misha Lozovik other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Kyle Mcclements other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809