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Portman Ridge Finance (FRA:KJ7A) 5-Year Yield-on-Cost % : 11.73 (As of May. 06, 2024)


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What is Portman Ridge Finance 5-Year Yield-on-Cost %?

Portman Ridge Finance's yield on cost for the quarter that ended in Dec. 2023 was 11.73.


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

FRA:KJ7A' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 7.53   Med: 10.87   Max: 23.91
Current: 11.73


During the past 13 years, Portman Ridge Finance's highest Yield on Cost was 23.91. The lowest was 7.53. And the median was 10.87.


FRA:KJ7A's 5-Year Yield-on-Cost % is ranked better than
84.42% of 1213 companies
in the Asset Management industry
Industry Median: 5.98 vs FRA:KJ7A: 11.73

Competitive Comparison of Portman Ridge Finance's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Portman Ridge Finance'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.


Portman Ridge Finance's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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



Portman Ridge Finance 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 Portman Ridge Finance is calculated as

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

Portman Ridge Finance  (FRA:KJ7A) 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.


Portman Ridge Finance 5-Year Yield-on-Cost % Related Terms

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Portman Ridge Finance (FRA:KJ7A) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022
Portman Ridge Finance Corp Inc is a non-diversified closed-end investment company. The primary investment objective of the firm is to generate current income and capital appreciation by lending directly to privately-held middle-market companies. It invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies, asset management companies, and debt and subordinated securities.

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