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Ellington Credit Co (STU:73Z) 5-Year Yield-on-Cost % : 8.83 (As of May. 17, 2024)


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What is Ellington Credit Co 5-Year Yield-on-Cost %?

Ellington Credit Co's yield on cost for the quarter that ended in Mar. 2024 was 8.83.


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

STU:73Z' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.75   Med: 9.11   Max: 19.75
Current: 8.83


During the past 12 years, Ellington Credit Co's highest Yield on Cost was 19.75. The lowest was 2.75. And the median was 9.11.


STU:73Z's 5-Year Yield-on-Cost % is ranked better than
76.82% of 1212 companies
in the Asset Management industry
Industry Median: 5.87 vs STU:73Z: 8.83

Competitive Comparison of Ellington Credit Co's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Ellington Credit Co'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.


Ellington Credit Co's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Ellington Credit Co's 5-Year Yield-on-Cost % falls into.



Ellington Credit Co 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 Ellington Credit Co is calculated as

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

Ellington Credit Co  (STU:73Z) 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.


Ellington Credit Co 5-Year Yield-on-Cost % Related Terms

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Ellington Credit Co (STU:73Z) Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Residential Mortgage REIT is principally engaged in the business of acquiring, investing in, and managing residential mortgage- and real estate-related assets through its wholly-owned subsidiaries. The company's primary objective is to generate attractive current yields and risk-adjusted total returns for shareholders by investing in assets that compensate appropriately for the risks associated with them.

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