GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Foresight Solar Fund Ltd (LSE:FSFL) » Definitions » 5-Year Yield-on-Cost %

Foresight Solar Fund (LSE:FSFL) 5-Year Yield-on-Cost % : 9.80 (As of Jun. 05, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Foresight Solar Fund 5-Year Yield-on-Cost %?

Foresight Solar Fund's yield on cost for the quarter that ended in Dec. 2023 was 9.80.


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

LSE:FSFL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.71   Med: 6.99   Max: 10.07
Current: 9.8


During the past 10 years, Foresight Solar Fund's highest Yield on Cost was 10.07. The lowest was 4.71. And the median was 6.99.


LSE:FSFL's 5-Year Yield-on-Cost % is ranked better than
77.2% of 1215 companies
in the Asset Management industry
Industry Median: 5.88 vs LSE:FSFL: 9.80

Competitive Comparison of Foresight Solar Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Foresight Solar 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.


Foresight Solar Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Foresight Solar Fund's 5-Year Yield-on-Cost % falls into.



Foresight Solar 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 Foresight Solar Fund is calculated as

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

Foresight Solar Fund  (LSE:FSFL) 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.


Foresight Solar Fund 5-Year Yield-on-Cost % Related Terms

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


Foresight Solar Fund (LSE:FSFL) Business Description

Traded in Other Exchanges
Address
The Shard, 32 London Bridge Street, London, JEY, SE1 9SG
Foresight Solar Fund Ltd is a closed-ended company. Its objective is to provide investors with a sustainable, progressive quarterly dividend and enhanced capital value, through investment in ground-based solar assets predominantly located in the UK. The company makes its investments through intermediate holding companies and underlying Project Vehicles/Special Purpose Vehicles (SPVs). It will pursue its investment objective by acquiring ground-based, operational solar power plants predominantly located in the UK.

Foresight Solar Fund (LSE:FSFL) Headlines

No Headlines