GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Premier Miton Global Renewables Trust PLC (LSE:PMGR) » Definitions » 5-Year Yield-on-Cost %

Premier Miton Global Renewables Trust (LSE:PMGR) 5-Year Yield-on-Cost % : 4.19 (As of May. 26, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Premier Miton Global Renewables Trust 5-Year Yield-on-Cost %?

Premier Miton Global Renewables Trust's yield on cost for the quarter that ended in Dec. 2023 was 4.19.


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

LSE:PMGR' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.43   Med: 3.76   Max: 7.85
Current: 4.19


During the past 13 years, Premier Miton Global Renewables Trust's highest Yield on Cost was 7.85. The lowest was 2.43. And the median was 3.76.


LSE:PMGR's 5-Year Yield-on-Cost % is ranked worse than
62.88% of 1215 companies
in the Asset Management industry
Industry Median: 5.92 vs LSE:PMGR: 4.19

Competitive Comparison of Premier Miton Global Renewables Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Premier Miton Global Renewables 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.


Premier Miton Global Renewables Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Premier Miton Global Renewables Trust's 5-Year Yield-on-Cost % falls into.



Premier Miton Global Renewables 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 Premier Miton Global Renewables Trust is calculated as

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

Premier Miton Global Renewables Trust  (LSE:PMGR) 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.


Premier Miton Global Renewables Trust 5-Year Yield-on-Cost % Related Terms

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


Premier Miton Global Renewables Trust (LSE:PMGR) Business Description

Traded in Other Exchanges
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Premier Miton Global Renewables Trust PLC is an asset management company. The company's investment objectives are to achieve a high income and to realise long-term growth in the capital value of its portfolio. It will seek to achieve these objectives by investing principally in the equity and equity-related securities of companies operating mainly in the renewable energy sectors, as well as other sustainable infrastructure investments. The Company is engaged in one segment of business, the investment business. Geographically, the majority is from the United Kingdom.

Premier Miton Global Renewables Trust (LSE:PMGR) Headlines

No Headlines