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Canadian General Investments (LSE:CGI) 5-Year Yield-on-Cost % : 3.24 (As of May. 10, 2024)


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What is Canadian General Investments 5-Year Yield-on-Cost %?

Canadian General Investments's yield on cost for the quarter that ended in Dec. 2022 was 3.24.


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

LSE:CGI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.58   Med: 3.44   Max: 5.85
Current: 3.24


During the past 13 years, Canadian General Investments's highest Yield on Cost was 5.85. The lowest was 1.58. And the median was 3.44.


LSE:CGI's 5-Year Yield-on-Cost % is ranked worse than
72.38% of 1213 companies
in the Asset Management industry
Industry Median: 5.92 vs LSE:CGI: 3.24

Competitive Comparison of Canadian General Investments's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Canadian General Investments'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.


Canadian General Investments's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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



Canadian General Investments 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 Canadian General Investments is calculated as

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

Canadian General Investments  (LSE:CGI) 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.


Canadian General Investments 5-Year Yield-on-Cost % Related Terms

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Canadian General Investments (LSE:CGI) Business Description

Traded in Other Exchanges
Address
10 Toronto Street, Toronto, ON, CAN, M5C 2B7
Canadian General Investments Ltd is a Canadian closed-end investment fund. Its investment objective is to provide better than average returns to investors by investing in medium- to long-term investments. The company's strategy involves prudent security selection and recognition of capital gains or losses. CGI's investment portfolio entails companies in multiple sectors such as Information Technology, Industrials, materials, financials, consumer discretionary, energy, Real Estate, Communication Services, Health Care, Cash, and Utilities.

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