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Heartland Express (STU:HLX) 5-Year Yield-on-Cost % : 0.71 (As of May. 20, 2024)


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What is Heartland Express 5-Year Yield-on-Cost %?

Heartland Express's yield on cost for the quarter that ended in Mar. 2024 was 0.71.


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

STU:HLX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.29   Med: 0.42   Max: 0.77
Current: 0.71


During the past 13 years, Heartland Express's highest Yield on Cost was 0.77. The lowest was 0.29. And the median was 0.42.


STU:HLX's 5-Year Yield-on-Cost % is ranked worse than
91.35% of 624 companies
in the Transportation industry
Industry Median: 3.41 vs STU:HLX: 0.71

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

For the Trucking subindustry, Heartland Express'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.


Heartland Express's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Heartland Express's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Heartland Express 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 Heartland Express is calculated as

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

Heartland Express  (STU:HLX) 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.


Heartland Express 5-Year Yield-on-Cost % Related Terms

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


Heartland Express (STU:HLX) Business Description

Traded in Other Exchanges
Address
901 Heartland Way, North Liberty, IA, USA, 52317
Heartland Express Inc is engaged in providing truckload services across the United States and Canada. These truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offers truckload temperature-controlled transportation services. The company's major customers represent primarily the consumer goods, appliances, food products, and automotive industries.

Heartland Express (STU:HLX) Headlines