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National Investment Trust (XMAU:NIT) 5-Year Yield-on-Cost % : 6.00 (As of May. 26, 2024)


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What is National Investment Trust 5-Year Yield-on-Cost %?

National Investment Trust's yield on cost for the quarter that ended in Mar. 2024 was 6.00.


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

XMAU:NIT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2   Med: 3.57   Max: 6
Current: 6


During the past 13 years, National Investment Trust's highest Yield on Cost was 6.00. The lowest was 2.00. And the median was 3.57.


XMAU:NIT's 5-Year Yield-on-Cost % is ranked better than
50.95% of 1215 companies
in the Asset Management industry
Industry Median: 5.92 vs XMAU:NIT: 6.00

Competitive Comparison of National Investment Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, National Investment Trust'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.


National Investment Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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



National Investment Trust 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 National Investment Trust is calculated as

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

National Investment Trust  (XMAU:NIT) 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.


National Investment Trust 5-Year Yield-on-Cost % Related Terms

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National Investment Trust (XMAU:NIT) Business Description

Traded in Other Exchanges
N/A
Address
Sir William Newton Street, Level 8, Newton Tower, Port Louis, MUS, 11328
National Investment Trust Ltd is a closed-end fund. It invests in shares and securities in both the local and international markets. The investment objective of the NIT Local Equity Fund is to produce both income and capital growth from a diversified portfolio of domestic securities. The company has eight Funds under namely, the NIT Local Equity Fund, NIT Global Opportunities Fund, NIT North America Fund, NIT Europe Fund, NIT Emerging Markets Fund, NIT Global Healthcare Fund, NIT Global Bond Fund and the NIT Global Value.

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