GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Prospect Capital Corp (FRA:RK8) » Definitions » 5-Year Yield-on-Cost %

Prospect Capital (FRA:RK8) 5-Year Yield-on-Cost % : 16.23 (As of Nov. 13, 2024)


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

What is Prospect Capital 5-Year Yield-on-Cost %?

Prospect Capital's yield on cost for the quarter that ended in Jun. 2024 was 16.23.


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

FRA:RK8' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 7.83   Med: 12.07   Max: 18.8
Current: 16.23


During the past 13 years, Prospect Capital's highest Yield on Cost was 18.80. The lowest was 7.83. And the median was 12.07.


FRA:RK8's 5-Year Yield-on-Cost % is ranked better than
94.74% of 1179 companies
in the Asset Management industry
Industry Median: 5.69 vs FRA:RK8: 16.23

Competitive Comparison of Prospect Capital's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Prospect Capital'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.


Prospect Capital's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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



Prospect Capital 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 Prospect Capital is calculated as

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

Prospect Capital  (FRA:RK8) 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.


Prospect Capital 5-Year Yield-on-Cost % Related Terms

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


Prospect Capital Business Description

Traded in Other Exchanges
Address
10 East 40th Street, 42nd Floor, New York, NY, USA, 10016
Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.

Prospect Capital Headlines

No Headlines