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Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) 5-Year Yield-on-Cost % : 1.95 (As of May. 23, 2024)


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What is Miller/Howard Highome Equity Fund 5-Year Yield-on-Cost %?

Miller/Howard Highome Equity Fund's yield on cost for the quarter that ended in Oct. 2023 was 1.95.


The historical rank and industry rank for Miller/Howard Highome Equity Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

HIE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.81   Med: 3.68   Max: 10.24
Current: 1.95


During the past 7 years, Miller/Howard Highome Equity Fund's highest Yield on Cost was 10.24. The lowest was 1.81. And the median was 3.68.


HIE's 5-Year Yield-on-Cost % is ranked worse than
86.77% of 1217 companies
in the Asset Management industry
Industry Median: 5.86 vs HIE: 1.95

Competitive Comparison of Miller/Howard Highome Equity Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Miller/Howard Highome Equity Fund'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.


Miller/Howard Highome Equity Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Miller/Howard Highome Equity Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Miller/Howard Highome Equity Fund's 5-Year Yield-on-Cost % falls into.



Miller/Howard Highome Equity Fund 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 Miller/Howard Highome Equity Fund is calculated as

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

Miller/Howard Highome Equity Fund  (NYSE:HIE) 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.


Miller/Howard Highome Equity Fund 5-Year Yield-on-Cost % Related Terms

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Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
45 Pine Grove Avenue, Suite 301, Kingston, NY, USA, 12401
Miller/Howard High Income Equity Fund is a closed-end, diversified management investment company. The fund's primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It invests under normal market conditions, a majority of its total assets in dividend or distribution paying equity securities of U.S. companies and non-U.S. companies traded on U.S. exchanges. Its portfolio of investments consists of securities of different sectors such as Natural Gas Transmission, Real Estate Investment Trusts, Petroleum Refining, Oil and Gas Extraction, Electric Services and others.
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
Paul Charles Kazarian director C/O SABA CAPITAL MANAGEMENT, L.P., 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
James E Hillman director 10 DIXON AVENUE, WOODSTOCK NY 12498
Eva M Horowitz officer: Secretary 45 PINE GROVE AVENUE, SUITE 301, KINGSTON NY 12401
Sacco Mayra director 10 DIXON AVE, WOODSTOCK NY 12498
Catherine Mari Johnston director, officer: President 10 DIXON AVE, WOODSTOCK NY 12498
Dana Troxell officer: President C/O MILLER/HOWARD HIGH EQUITY INCOME FND, P.O. BOX 549, WOODSTOCK NY 12498
Lowell Miller officer: Chief Executive Officer PO BOX 549, WOODSTOCK NY 12498
Roger Conrad director 3516 HALCYON DRIVE, ALEXANDRIA VA 22305
Charles I Leone director C/O US WIRELESS DATA INC, 805 THIRD AVENUE, NEW YORK NY 10022
Paul Brook officer: Chief Compliance Officer MILLER/HOWARD HIGH EQUITY INCOME FUND, P.O. BOX 549, WOODSTOCK NY 12498
Helen Hamada officer: Chief Financial Officer PO BOX 549, WOODSTOCK NY 12498
Annemarie Gilly officer: Chief Operating Officer PO BOX 549, WOODSTOCK NY 12498
Leslie John E Iii officer: Vice President MILLER/HOWARD HIGH EQUITY INCOME FUND, P.O. BOX 549, WOODSTOCK NY 12498

Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Headlines