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Polar Capital Global Financials Trust (LSE:PCFT) 5-Year Yield-on-Cost % : 3.76 (As of May. 19, 2024)


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What is Polar Capital Global Financials Trust 5-Year Yield-on-Cost %?

Polar Capital Global Financials Trust's yield on cost for the quarter that ended in Nov. 2023 was 3.76.


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

LSE:PCFT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.81   Med: 3.95   Max: 6.59
Current: 3.76


During the past 11 years, Polar Capital Global Financials Trust's highest Yield on Cost was 6.59. The lowest was 2.81. And the median was 3.95.


LSE:PCFT's 5-Year Yield-on-Cost % is ranked worse than
67.16% of 1212 companies
in the Asset Management industry
Industry Median: 5.895 vs LSE:PCFT: 3.76

Competitive Comparison of Polar Capital Global Financials Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Polar Capital Global Financials 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.


Polar Capital Global Financials Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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



Polar Capital Global Financials 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 Polar Capital Global Financials Trust is calculated as

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

Polar Capital Global Financials Trust  (LSE:PCFT) 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.


Polar Capital Global Financials Trust 5-Year Yield-on-Cost % Related Terms

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Polar Capital Global Financials Trust (LSE:PCFT) Business Description

Traded in Other Exchanges
Address
16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Global Financials Trust PLC is an asset management firm based in the United Kingdom. Its core objective is to provide its investors with a growing dividend income with capital appreciation. To achieve this, the company invests in listed or quoted securities issued by companies in the financial sector operating in the banking, insurance, property, and other subsectors. Its portfolio entails equities, index-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, forward transactions, index options, and other instruments, including derivatives. It has a diversified portfolio of investments in different geographical regions such as North America, Europe, Asia, the United Kingdom, Latin America, Japan, and East Europe.

Polar Capital Global Financials Trust (LSE:PCFT) Headlines

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