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Mills Music Trust (Mills Music Trust) 5-Year Yield-on-Cost % : 8.71 (As of Apr. 27, 2024)


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What is Mills Music Trust 5-Year Yield-on-Cost %?

Mills Music Trust's yield on cost for the quarter that ended in Dec. 2021 was 8.71.


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

MMTRS' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8.71
Current: 8.71


During the past 2 years, Mills Music Trust's highest Yield on Cost was 8.71. The lowest was 0.00. And the median was 0.00.


MMTRS's 5-Year Yield-on-Cost % is not ranked
in the Business Services industry.
Industry Median: 3.57 vs MMTRS: 8.71

Competitive Comparison of Mills Music Trust's 5-Year Yield-on-Cost %

For the Specialty Business Services subindustry, Mills Music 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.


Mills Music Trust's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mills Music Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Mills Music 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 Mills Music Trust is calculated as

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

Mills Music Trust  (OTCPK:MMTRS) 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.


Mills Music Trust 5-Year Yield-on-Cost % Related Terms

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Mills Music Trust (Mills Music Trust) Business Description

Traded in Other Exchanges
N/A
Address
c/o HSBC BANK USA, N.A., 452 Fifth Avenue, Corporate Trust, Issuer Services, New York, NY, USA, 10018
Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable by EMI Mills Music Inc primarily in the United States. The payments of the contingent portion are based on royalty income generated by the catalogue.

Mills Music Trust (Mills Music Trust) Headlines

From GuruFocus

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