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Paradigm Medical Industries (Paradigm Medical Industries) 5-Year Yield-on-Cost % : 0.00 (As of May. 17, 2024)


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What is Paradigm Medical Industries 5-Year Yield-on-Cost %?

Paradigm Medical Industries's yield on cost for the quarter that ended in Dec. 2011 was 0.00.


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



PDMI's 5-Year Yield-on-Cost % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.27
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Paradigm Medical Industries's 5-Year Yield-on-Cost %

For the Medical Instruments & Supplies subindustry, Paradigm Medical Industries'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.


Paradigm Medical Industries's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Paradigm Medical Industries's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Paradigm Medical Industries 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 Paradigm Medical Industries is calculated as

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

Paradigm Medical Industries  (OTCPK:PDMI) 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.


Paradigm Medical Industries 5-Year Yield-on-Cost % Related Terms

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Paradigm Medical Industries (Paradigm Medical Industries) Business Description

Traded in Other Exchanges
N/A
Address
4273 South 590 West, Salt Lake City, UT, USA, 84123
Paradigm Medical Industries Inc is engaged in the design, development, manufacture and sale of high technology diagnostic eye care instruments and related products for detection of glaucoma and other eye disorders.

Paradigm Medical Industries (Paradigm Medical Industries) Headlines

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