Global Dividend Growth Split (TSX:GDV) 5-Year Yield-on-Cost % : 18.98 (As of May. 12, 2024)

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What is Global Dividend Growth Split 5-Year Yield-on-Cost %?

Global Dividend Growth Split's yield on cost for the quarter that ended in Dec. 2023 was 18.98.

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

TSX:GDV' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 8.82 Med: 17.11 Max: 31.06
Current: 18.98

During the past 6 years, Global Dividend Growth Split's highest Yield on Cost was 31.06. The lowest was 8.82. And the median was 17.11.

TSX:GDV's 5-Year Yield-on-Cost % is ranked better than
95.06% of 1214 companies
in the Asset Management industry
Industry Median: 5.935 vs TSX:GDV: 18.98

Competitive Comparison of Global Dividend Growth Split's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Global Dividend Growth 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.

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

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

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

Global Dividend Growth 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 Global Dividend Growth Split is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Global Dividend Growth Split (TSX:GDV) 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.

Global Dividend Growth Split 5-Year Yield-on-Cost % Related Terms

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Global Dividend Growth Split (TSX:GDV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Global Dividend Growth Split Corp (TSX:GDV) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

GDV.PR.A.PFD:Canada

Address

181 Bay Street, Bay Wellington Tower, Suite 2930, Box 793, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website

https://www.bromptongroup.com

Global Dividend Growth Split Corp is a closed-end investment fund. It invests in a diversified portfolio of equity securities of large-capitalization global dividend growth companies. Its objectives are to provide holders with monthly non-cumulative cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the portfolio.