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Aitken Spence (COL:SPEN.N0000) 5-Year Yield-on-Cost % : 8.32 (As of May. 25, 2024)


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What is Aitken Spence 5-Year Yield-on-Cost %?

Aitken Spence's yield on cost for the quarter that ended in Dec. 2023 was 8.32.


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

COL:SPEN.N0000' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.45   Med: 7.05   Max: 21.91
Current: 8.32


During the past 13 years, Aitken Spence's highest Yield on Cost was 21.91. The lowest was 2.45. And the median was 7.05.


COL:SPEN.N0000's 5-Year Yield-on-Cost % is ranked better than
86.23% of 334 companies
in the Conglomerates industry
Industry Median: 3.45 vs COL:SPEN.N0000: 8.32

Competitive Comparison of Aitken Spence's 5-Year Yield-on-Cost %

For the Conglomerates subindustry, Aitken Spence'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.


Aitken Spence's 5-Year Yield-on-Cost % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aitken Spence's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Aitken Spence 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 Aitken Spence is calculated as

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

Aitken Spence  (COL:SPEN.N0000) 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.


Aitken Spence 5-Year Yield-on-Cost % Related Terms

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Aitken Spence (COL:SPEN.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 315, Vauxhall Street, Aitken Spence Towers II, Colombo, LKA, 02
Aitken Spence PLC is a Sri Lankan-based conglomerate company. Its segments consist of Tourism, Maritime and Freight Logistics, Strategic Investments, and Services. The tourism segment includes Hotels, destination management, and Airline GSA. Maritime and Freight Logistics segments consist of Maritime and Port Services, Freight Forwarding and Courier, Airline GSA (Cargo), Integrated Logistics, and Education. Strategic Investment includes Power Generation, Apparel Manufacture, Printing and Packaging, and Plantations. The services sector is engaged in Money Transfer Services, Elevator Agencies, Insurance, and Property Management. The company's geographical segments are Sri Lanka, Maldives, and Other Countries.

Aitken Spence (COL:SPEN.N0000) Headlines

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