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Polaris (LTS:0KJQ) 5-Year Yield-on-Cost % : 3.39 (As of May. 21, 2024)


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What is Polaris 5-Year Yield-on-Cost %?

Polaris's yield on cost for the quarter that ended in Mar. 2024 was 3.39.


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

LTS:0KJQ' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.23   Med: 2.49   Max: 6.8
Current: 3.39


During the past 13 years, Polaris's highest Yield on Cost was 6.80. The lowest was 1.23. And the median was 2.49.


LTS:0KJQ's 5-Year Yield-on-Cost % is ranked better than
62.61% of 805 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs LTS:0KJQ: 3.39

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

For the Recreational Vehicles subindustry, Polaris'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.


Polaris's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Polaris's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Polaris 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 Polaris is calculated as

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

Polaris  (LTS:0KJQ) 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.


Polaris 5-Year Yield-on-Cost % Related Terms

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


Polaris (LTS:0KJQ) Business Description

Traded in Other Exchanges
Address
2100 Highway 55, Medina, MN, USA, 55340
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to new segments of the outdoor lifestyle market. Polaris products retailed through more than 2,500 dealers in North America and through 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America at the end of 2022.

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