Develop North (LSE:DVNO) 5-Year Yield-on-Cost % : 3.67 (As of Jun. 02, 2024)

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What is Develop North 5-Year Yield-on-Cost %?

Develop North's yield on cost for the quarter that ended in Nov. 2023 was 3.67.

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

LSE:DVNO' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.42 Med: 3.57 Max: 5.24
Current: 3.67

During the past 8 years, Develop North's highest Yield on Cost was 5.24. The lowest was 2.42. And the median was 3.57.

LSE:DVNO's 5-Year Yield-on-Cost % is ranked worse than
69.28% of 1214 companies
in the Asset Management industry
Industry Median: 5.905 vs LSE:DVNO: 3.67

Competitive Comparison of Develop North's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Develop North'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.

Develop North's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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

Develop North 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 Develop North is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Develop North (LSE:DVNO) 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.

Develop North 5-Year Yield-on-Cost % Related Terms

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Develop North (LSE:DVNO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Develop North PLC (LSE:DVNO) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY

Website

https://www.developnorth.co.uk

Develop North PLC is a closed-end investment company. The investment objective of the company is to provide shareholders with a consistent and stable income and potential for an attractive total return over the medium to long term while managing downside risk through a diversified portfolio of fixed loans predominantly secured over land and property in the UK, and receiving the benefit of an associated profit share arrangement usually obtained by acquiring a minority stake in the relevant borrower project development vehicle.

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