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Silver Spike Investment (Silver Spike Investment) 5-Year Yield-on-Cost % : 6.40 (As of May. 08, 2024)


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What is Silver Spike Investment 5-Year Yield-on-Cost %?

Silver Spike Investment's yield on cost for the quarter that ended in Dec. 2023 was 6.40.


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

SSIC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.36   Med: 4.34   Max: 6.4
Current: 6.4


During the past 3 years, Silver Spike Investment's highest Yield on Cost was 6.40. The lowest was 2.36. And the median was 4.34.


SSIC's 5-Year Yield-on-Cost % is ranked better than
85.43% of 501 companies
in the Drug Manufacturers industry
Industry Median: 2.16 vs SSIC: 6.40

Competitive Comparison of Silver Spike Investment's 5-Year Yield-on-Cost %

For the Drug Manufacturers - Specialty & Generic subindustry, Silver Spike Investment'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.


Silver Spike Investment's 5-Year Yield-on-Cost % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Silver Spike Investment's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Silver Spike Investment's 5-Year Yield-on-Cost % falls into.



Silver Spike Investment 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 Silver Spike Investment is calculated as

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

Silver Spike Investment  (NAS:SSIC) 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.


Silver Spike Investment 5-Year Yield-on-Cost % Related Terms

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Silver Spike Investment (Silver Spike Investment) Business Description

Traded in Other Exchanges
N/A
Address
600 Madison Avenue, Suite 1800, New York, NY, USA, 10022
Silver Spike Investment Corp is a closed-end management investment company formed to invest in companies across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately-held cannabis businesses.
Executives
Umesh Mahajan officer: Chief Financial Officer 600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Scott Gordon director, 10 percent owner, officer: Chief Executive Officer 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Gregory M. Gentile 10 percent owner, officer: CFO, CCO & Sec. 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Silver Spike Capital, Llc 10 percent owner 600 MADISON AVE, SUITE 1800, NEW YORK NY 10022
Warson Tracey Brophy director 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Silver Spike Holdings, Lp 10 percent owner 600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Michael William Chorske director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Vivek Bunty Bohra director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Silver Spike Holdings Gp, Llc 10 percent owner 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Da Corte Americo director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065