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I-Tech AB (OSTO:ITECH) 5-Year Yield-on-Cost % : 1.70 (As of Jun. 14, 2024)


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What is I-Tech AB 5-Year Yield-on-Cost %?

I-Tech AB's yield on cost for the quarter that ended in Mar. 2024 was 1.70.


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

OSTO:ITECH' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.78
Current: 1.7


During the past 8 years, I-Tech AB's highest Yield on Cost was 1.78. The lowest was 0.00. And the median was 0.00.


OSTO:ITECH's 5-Year Yield-on-Cost % is ranked worse than
52.53% of 158 companies
in the Biotechnology industry
Industry Median: 1.82 vs OSTO:ITECH: 1.70

Competitive Comparison of I-Tech AB's 5-Year Yield-on-Cost %

For the Biotechnology subindustry, I-Tech AB'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.


I-Tech AB's 5-Year Yield-on-Cost % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, I-Tech AB's 5-Year Yield-on-Cost % distribution charts can be found below:

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



I-Tech AB 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 I-Tech AB is calculated as

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

I-Tech AB  (OSTO:ITECH) 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.


I-Tech AB 5-Year Yield-on-Cost % Related Terms

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I-Tech AB (OSTO:ITECH) Business Description

Traded in Other Exchanges
N/A
Address
C/o Astra Zeneca AB, Pepparedsleden 1, Molndal, SWE, SE- 431 83
I-Tech AB is a biotechnology company. The company owns all IP and regulatory rights to the antifouling agent Selektope. Its business is to commercialize patented active substance to reduce marine fouling on hulls, gears and other submerged structures.

I-Tech AB (OSTO:ITECH) Headlines

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