GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Platinum Capital Ltd (ASX:PMC) » Definitions » 5-Year Yield-on-Cost %

Platinum Capital (ASX:PMC) 5-Year Yield-on-Cost % : 2.58 (As of May. 26, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Platinum Capital 5-Year Yield-on-Cost %?

Platinum Capital's yield on cost for the quarter that ended in Dec. 2023 was 2.58.


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

ASX:PMC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.65   Med: 2.82   Max: 4.54
Current: 2.58


During the past 13 years, Platinum Capital's highest Yield on Cost was 4.54. The lowest was 0.65. And the median was 2.82.


ASX:PMC's 5-Year Yield-on-Cost % is ranked worse than
81.07% of 1215 companies
in the Asset Management industry
Industry Median: 5.92 vs ASX:PMC: 2.58

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

For the Asset Management subindustry, Platinum Capital'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.


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

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

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



Platinum Capital 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 Platinum Capital is calculated as

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

Platinum Capital  (ASX:PMC) 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.


Platinum Capital 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Platinum Capital's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Platinum Capital (ASX:PMC) Business Description

Traded in Other Exchanges
N/A
Address
Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000
Platinum Capital Ltd is an Australian close-ended investment company with its investment objectives to deliver attractive returns to shareholders over time, made up of capital growth and fully-franked dividends, and contain capital losses by mitigating the impact of market downturns. It focuses on investing in securities of a company, of which business and growth are undervalued. The investment manager of the company adopts a bottom-up stock selection methodology through which long-term capital growth is sought by investing in undervalued securities, cash and actively managed currency as well as it seeks to earn absolute returns. Its portfolio includes equities and derivatives, forward currency contracts and overseas bank accounts.

Platinum Capital (ASX:PMC) Headlines

From GuruFocus

PharMerica Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 08-05-2010

PharMerica Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 11-04-2010

PharMerica Corp. (PMC) CEO Gregory S Weishar buys 81,000 Shares

By GuruFocus Research GuruFocus Editor 08-13-2010

Weekly CFO Buys Highlight: PMC, ZBB

By gurujk gurujk 06-25-2012

PharMerica Corp. (PMC) CEO Gregory S Weishar buys 25,000 Shares

By GuruFocus Research GuruFocus Editor 11-16-2009