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Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) 5-Year Yield-on-Cost % : 8.54 (As of Apr. 27, 2024)


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What is Gabelli Global Utility &ome Trust 5-Year Yield-on-Cost %?

Gabelli Global Utility &ome Trust's yield on cost for the quarter that ended in Dec. 2023 was 8.54.


The historical rank and industry rank for Gabelli Global Utility &ome Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

GLU' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.15   Med: 6.42   Max: 11.01
Current: 8.54


During the past 13 years, Gabelli Global Utility &ome Trust's highest Yield on Cost was 11.01. The lowest was 5.15. And the median was 6.42.


GLU's 5-Year Yield-on-Cost % is ranked better than
68.12% of 1214 companies
in the Asset Management industry
Industry Median: 6 vs GLU: 8.54

Competitive Comparison of Gabelli Global Utility &ome Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Gabelli Global Utility &ome 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.


Gabelli Global Utility &ome Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Gabelli Global Utility &ome Trust's 5-Year Yield-on-Cost % falls into.



Gabelli Global Utility &ome 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 Gabelli Global Utility &ome Trust is calculated as

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

Gabelli Global Utility &ome Trust  (AMEX:GLU) 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.


Gabelli Global Utility &ome Trust 5-Year Yield-on-Cost % Related Terms

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


Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Global Utility & Income Trust is a non-diversified, closed-end management investment company. The Fund's objective is to seek a consistent level of after-tax total return. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.
Executives
Mario J Gabelli officer: Chairman and CIO 191 MASON STREET, GREENWICH CT 06830
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Urso Mario D director 65 EATON SQUARE, LONDON SW UK X0 041101225
Anthony J Colavita director ONE CORPORATE CENTER, RYE NY 10580
Salvatore M Salibello director ONE CORPORATE CENTER, RYE NY 10580
James E Mckee officer: Secretary C/O GABELLI ASSET MANAGEMENT INC, ONE CORPORATE CENTER, RYE NY 16580
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
Karl Otto Pohl director ONE CORPORATE CENTER, RYE NY 10580

Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Headlines