5Banc Split (TSX:FBS.PR.C.PFD) 5-Year Yield-on-Cost % : 5.15 (As of May. 13, 2024)

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

5Banc Split's yield on cost for the quarter that ended in Jun. 2016 was 5.15.

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

TSX:FBS.PR.C.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.67 Med: 3.55 Max: 5.35
Current: 5.15

During the past 13 years, 5Banc Split's highest Yield on Cost was 5.35. The lowest was 1.67. And the median was 3.55.

TSX:FBS.PR.C.PFD's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 5.925 vs TSX:FBS.PR.C.PFD: 5.15

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

For the Asset Management subindustry, 5Banc 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.

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

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

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

5Banc 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 5Banc Split is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

5Banc Split (TSX:FBS.PR.C.PFD) 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.

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

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5Banc Split (TSX:FBS.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 5Banc Split Inc (TSX:FBS.PR.C.PFD) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.timbercreek.com

5Banc Split, Inc. operates as a closed-end mutual fund in Canada. It invests in a portfolio of publicly listed common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and toronto-Dominion Bank. The Company holds the Portfolio Shares in order to generate fixed cumulative preferential dividends for the holders of the Company's Preferred Shares. Holders of the Capital Shares will also receive, subject to the prior rights of Preferred Shareholders, excess dividends, if any, after payment of the expenses of the Company and dividends on the Preferred Shares. The Company also provides holders of the Capital Shares with a leveraged investment, the value of which is linked to the changes in the fair value of the Portfolio Shares. The holders of Capital Shares benefit from capital appreciation in the Portfolio Shares in excess of the value of the Preferred Shares, any accrued and unpaid distributions on the Preferred Shares, and accrued and unpaid expenses. The Company only trades the Portfolio Shares in limited circumstances as described in the Company's original prospectus.

5Banc Split (TSX:FBS.PR.C.PFD) Headlines

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