Ashley Services Group (ASX:ASH) 5-Year Yield-on-Cost % : 14.00 (As of May. 16, 2024)

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What is Ashley Services Group 5-Year Yield-on-Cost %?

Ashley Services Group's yield on cost for the quarter that ended in Dec. 2023 was 14.00.

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

ASX:ASH' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.35 Med: 7.71 Max: 30
Current: 14

During the past 9 years, Ashley Services Group's highest Yield on Cost was 30.00. The lowest was 5.35. And the median was 7.71.

ASX:ASH's 5-Year Yield-on-Cost % is ranked better than
95.56% of 586 companies
in the Business Services industry
Industry Median: 3.365 vs ASX:ASH: 14.00

Competitive Comparison of Ashley Services Group's 5-Year Yield-on-Cost %

For the Staffing & Employment Services subindustry, Ashley Services Group'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.

Ashley Services Group's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashley Services Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Ashley Services Group's 5-Year Yield-on-Cost % falls into.

Ashley Services Group 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 Ashley Services Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Ashley Services Group (ASX:ASH) 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.

Ashley Services Group 5-Year Yield-on-Cost % Related Terms

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Ashley Services Group (ASX:ASH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ashley Services Group Ltd (ASX:ASH) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

92 Pitt Street, Level 10, Sydney, NSW, AUS, 2000

Website

https://www.ashleyservicesgroup.com.au

Ashley Services Group Ltd is engaged in staffing services. The group operates in two operating segments namely Labour hire and Training. The group derives maximum revenue from providing labour-hire services. In labour-hire division, the company has candidates who are able to start work within one hour of the request and run a year-round national operation with dedicated after-hours in-house consultants. Its labour-hire brands to include Action Workforce and Concept Engineering. The organization operates in Australia.