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City of London Investment Trust (The) (LSE:CTY) 5-Year Yield-on-Cost % : 5.53 (As of May. 06, 2024)


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What is City of London Investment Trust (The) 5-Year Yield-on-Cost %?

City of London Investment Trust (The)'s yield on cost for the quarter that ended in Dec. 2023 was 5.53.


The historical rank and industry rank for City of London Investment Trust (The)'s 5-Year Yield-on-Cost % or its related term are showing as below:

LSE:CTY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.99   Med: 4.74   Max: 6.98
Current: 5.53


During the past 13 years, City of London Investment Trust (The)'s highest Yield on Cost was 6.98. The lowest was 3.99. And the median was 4.74.


LSE:CTY's 5-Year Yield-on-Cost % is ranked worse than
52.93% of 1213 companies
in the Asset Management industry
Industry Median: 5.98 vs LSE:CTY: 5.53

Competitive Comparison of City of London Investment Trust (The)'s 5-Year Yield-on-Cost %

For the Asset Management subindustry, City of London Investment Trust (The)'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.


City of London Investment Trust (The)'s 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, City of London Investment Trust (The)'s 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where City of London Investment Trust (The)'s 5-Year Yield-on-Cost % falls into.



City of London Investment Trust (The) 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 City of London Investment Trust (The) is calculated as

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

City of London Investment Trust (The)  (LSE:CTY) 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.


City of London Investment Trust (The) 5-Year Yield-on-Cost % Related Terms

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City of London Investment Trust (The) (LSE:CTY) Business Description

Traded in Other Exchanges
N/A
Address
201 Bishopsgate, London, GBR, EC2M 3AE
City of London Investment Trust (The) PLC is an investment trust which aims to provide long-term growth in income and capital through investments in equities listed on the London Stock Exchange. While the company mainly invests in equities, there is the flexibility to invest in debt securities, such as convertibles, corporate bonds, or government debt. It generates most of its revenue from investing in the UK market.

City of London Investment Trust (The) (LSE:CTY) Headlines

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