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OmniTek Engineering (OmniTek Engineering) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 30, 2024)


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What is OmniTek Engineering 5-Year Yield-on-Cost %?

OmniTek Engineering's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



OMTK's 5-Year Yield-on-Cost % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.39
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Auto Parts subindustry, OmniTek Engineering'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.


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

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

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



OmniTek Engineering 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 OmniTek Engineering is calculated as

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

OmniTek Engineering  (OTCPK:OMTK) 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.


OmniTek Engineering 5-Year Yield-on-Cost % Related Terms

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OmniTek Engineering (OmniTek Engineering) Business Description

Traded in Other Exchanges
N/A
Address
1345 Specialty Dr. No. E, Vista, CA, USA, 92081
OmniTek Engineering Corp is a developer or manufacturer of patented hotwires spark plug wires. It develops and sells proprietary diesel-to-natural gas engine conversion systems and complementary products, including new natural gas engines that utilize the Company's technology. Omnitek products are available for stationary applications in the transportation industry, which includes light commercial vehicles, minibuses, heavy-duty trucks, municipal buses, as well as rail and marine applications.
Executives
Gary S Maier director 815 MORAGA DRIVE, SUITE 306, LOS ANGELES CA 90049
John M Palumbo director
Werner Funk director, 10 percent owner, officer: President, CEO and Secretary 1345 SPECIALTY DR., #E, VISTA CA 92081
Richard L Miller officer: CFO 1333 KEYSTONE WAY, #101, VISTA CA 92081
Janice M Quigley director, officer: Vice President 15-2819 INA STREET, PAHOA HI 96778
Alicia A Rolfe officer: CFO 1333 KEYSTONE WAY, #101, VISTA CA 92081
George G Chachas director
John D Garber 10 percent owner 7506 N BROADWAY EXTN, STE 505, OKLAHOMA CITY OK 73116