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Speedy Hire (LSE:SDY) 5-Year Yield-on-Cost % : 8.93 (As of May. 13, 2024)


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What is Speedy Hire 5-Year Yield-on-Cost %?

Speedy Hire's yield on cost for the quarter that ended in Sep. 2023 was 8.93.


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

LSE:SDY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.61   Med: 2.03   Max: 9.83
Current: 8.93


During the past 13 years, Speedy Hire's highest Yield on Cost was 9.83. The lowest was 0.61. And the median was 2.03.


LSE:SDY's 5-Year Yield-on-Cost % is ranked better than
86.71% of 587 companies
in the Business Services industry
Industry Median: 3.46 vs LSE:SDY: 8.93

Competitive Comparison of Speedy Hire's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, Speedy Hire'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.


Speedy Hire's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

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

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



Speedy Hire 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 Speedy Hire is calculated as

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

Speedy Hire  (LSE:SDY) 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.


Speedy Hire 5-Year Yield-on-Cost % Related Terms

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Speedy Hire (LSE:SDY) Business Description

Traded in Other Exchanges
Address
Chase House, 16 The Parks, Newton-le-Willows, Merseyside, GBR, WA12 0JQ
Speedy Hire PLC is a UK-based company engaged in the provision of equipment for hire and sale and associated services to construction, infrastructure, industry, and related industries. It delivers asset management with tailored services and a continued commitment to relationship management. It generates revenue from Hire and related activities followed by services provided. The company's geographical segments are the United Kingdom and Ireland, of which the majority of its revenue comes from the United Kingdom.

Speedy Hire (LSE:SDY) Headlines

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