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Big Banc Split (TSX:BNK) 5-Year Yield-on-Cost % : 10.38 (As of Jun. 05, 2024)


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What is Big Banc Split 5-Year Yield-on-Cost %?

Big Banc Split's yield on cost for the quarter that ended in Dec. 2023 was 10.38.


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

TSX:BNK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.4   Med: 6.22   Max: 10.38
Current: 10.38


During the past 4 years, Big Banc Split's highest Yield on Cost was 10.38. The lowest was 2.40. And the median was 6.22.


TSX:BNK's 5-Year Yield-on-Cost % is ranked better than
80% of 1215 companies
in the Asset Management industry
Industry Median: 5.88 vs TSX:BNK: 10.38

Competitive Comparison of Big Banc Split's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Big Banc Split'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.


Big Banc Split's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Big Banc Split's 5-Year Yield-on-Cost % falls into.



Big Banc Split 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 Big Banc Split is calculated as

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

Big Banc Split  (TSX:BNK) 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.


Big Banc Split 5-Year Yield-on-Cost % Related Terms

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Big Banc Split (TSX:BNK) Business Description

Traded in Other Exchanges
Address
130 Adelaide Street West, Suite 3100, P.O. Box 109, Toronto, ON, CAN, M5H 3P5
Website
Big Banc Split Corp is a mutual fund corporation. Its investment objectives include providing its holders with regular monthly non-cumulative cash distributions.

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