Grenke AG (LTS:0R97) 5-Year Yield-on-Cost % : 1.15 (As of May. 27, 2024)

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What is Grenke AG 5-Year Yield-on-Cost %?

Grenke AG's yield on cost for the quarter that ended in Mar. 2024 was 1.15.

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

LTS:0R97' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.29 Med: 0.51 Max: 2.15
Current: 1.15

During the past 13 years, Grenke AG's highest Yield on Cost was 2.15. The lowest was 0.29. And the median was 0.51.

LTS:0R97's 5-Year Yield-on-Cost % is ranked worse than
84.54% of 207 companies
in the Credit Services industry
Industry Median: 4.21 vs LTS:0R97: 1.15

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

For the Credit Services subindustry, Grenke AG'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.

Grenke AG's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Grenke AG's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Grenke AG 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 Grenke AG is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Grenke AG (LTS:0R97) 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.

Grenke AG 5-Year Yield-on-Cost % Related Terms

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Grenke AG (LTS:0R97) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Grenke AG (LTS:0R97) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

GLJ:Germany

Address

Neuer Markt 2, Baden-Baden, DEU, 76532

Website

https://www.grenke.de

Grenke AG is a financial-services company that, under a franchise model, provides operational infrastructure, the licensing of the group's name to contracted parties, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include Leasing, Banking, and Factoring. The Leasing segment produces the most revenue. GRENKE Bank's actions compose the banking segment, primarily including acting as the financing partner for SMEs. The Factoring segment includes mainly small-ticket factoring services. The company operates primarily in Europe, with the most revenue coming from Ireland and Germany.

Grenke AG (LTS:0R97) Headlines

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