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Firm Capital Mortgage Investment (TSX:FC) 5-Year Yield-on-Cost % : 8.50 (As of May. 21, 2024)


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What is Firm Capital Mortgage Investment 5-Year Yield-on-Cost %?

Firm Capital Mortgage Investment's yield on cost for the quarter that ended in Mar. 2024 was 8.50.


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

TSX:FC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.07   Med: 7.34   Max: 10.09
Current: 8.5


During the past 13 years, Firm Capital Mortgage Investment's highest Yield on Cost was 10.09. The lowest was 6.07. And the median was 7.34.


TSX:FC's 5-Year Yield-on-Cost % is ranked better than
81.56% of 1193 companies
in the Banks industry
Industry Median: 4.99 vs TSX:FC: 8.50

Competitive Comparison of Firm Capital Mortgage Investment's 5-Year Yield-on-Cost %

For the Mortgage Finance subindustry, Firm Capital Mortgage 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.


Firm Capital Mortgage Investment's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Firm Capital Mortgage Investment's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Firm Capital Mortgage 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 Firm Capital Mortgage Investment is calculated as

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

Firm Capital Mortgage Investment  (TSX:FC) 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.


Firm Capital Mortgage Investment 5-Year Yield-on-Cost % Related Terms

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Firm Capital Mortgage Investment (TSX:FC) Business Description

Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company provides construction, equity and conventional real estate finance for include residential houses, small multi-family residential properties, mixed-use residential and others to the builder, developer, and real estate owner marketplace along with a high level of personal service to real estate investors. Also, it provides loan servicing, asset management, and related investment services. The company's revenue mainly comprises Interest and fee income and commission fees arising from Canada and United States.
Executives
Ryan Lim Senior Officer