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Uniteds (TSX:UNC) 5-Year Yield-on-Cost % : 1.34 (As of Apr. 27, 2024)


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What is Uniteds 5-Year Yield-on-Cost %?

Uniteds's yield on cost for the quarter that ended in Dec. 2023 was 1.34.


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

TSX:UNC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.77   Med: 1.63   Max: 4.3
Current: 1.34


During the past 13 years, Uniteds's highest Yield on Cost was 4.30. The lowest was 0.77. And the median was 1.63.


TSX:UNC's 5-Year Yield-on-Cost % is ranked worse than
90.94% of 1214 companies
in the Asset Management industry
Industry Median: 6 vs TSX:UNC: 1.34

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

For the Asset Management subindustry, Uniteds'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.


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

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

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



Uniteds 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 Uniteds is calculated as

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

Uniteds  (TSX:UNC) 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.


Uniteds 5-Year Yield-on-Cost % Related Terms

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Uniteds (TSX:UNC) Business Description

Traded in Other Exchanges
N/A
Address
165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8
United Corporations Ltd is a closed-end investment company. Its investment objective is to earn an above average rate of return through long-term capital appreciation and dividend income. The investment portfolio of the company comprises mainly foreign equities. It seeks long-term growth through investments in common equities cause management believes that in the long-term common equities will outperform fixed income instruments or balanced funds. The company invests primarily in United States, Europe, Asia, Canada, Australia, and Mexico.

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