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Bankers Investment Trust (NZSE:BIT) 5-Year Yield-on-Cost % : 2.16 (As of May. 27, 2024)


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What is Bankers Investment Trust 5-Year Yield-on-Cost %?

Bankers Investment Trust's yield on cost for the quarter that ended in Oct. 2022 was 2.16.


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

NZSE:BIT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.13   Med: 2.68   Max: 3.64
Current: 2.16


During the past 13 years, Bankers Investment Trust's highest Yield on Cost was 3.64. The lowest was 2.13. And the median was 2.68.


NZSE:BIT's 5-Year Yield-on-Cost % is ranked worse than
78.68% of 1215 companies
in the Asset Management industry
Industry Median: 5.88 vs NZSE:BIT: 2.16

Competitive Comparison of Bankers Investment Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Bankers Investment 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.


Bankers Investment Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Bankers Investment Trust's 5-Year Yield-on-Cost % falls into.



Bankers Investment 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 Bankers Investment Trust is calculated as

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

Bankers Investment Trust  (NZSE:BIT) 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.


Bankers Investment Trust 5-Year Yield-on-Cost % Related Terms

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Bankers Investment Trust (NZSE:BIT) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Bankers Investment Trust PLC is a UK based investment trust company. The company's investment objective is to achieve capital growth in the excess of the FTSE World Index and annual dividend growth greater than inflation, as defined by the UK Retail Prices Index. Its investments include Equities, Debt securities, cash investment, investment trust, collective funds, and derivatives. Its geographical segments are North America, United Kingdom, Europe(excluding the UK), Japan, China, and Pacific(excluding Japan & China).

Bankers Investment Trust (NZSE:BIT) Headlines

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