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Carreras (XJAM:CAR) 5-Year Yield-on-Cost % : 11.14 (As of May. 26, 2024)


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What is Carreras 5-Year Yield-on-Cost %?

Carreras's yield on cost for the quarter that ended in Mar. 2023 was 11.14.


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

XJAM:CAR' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.04   Med: 9.57   Max: 13.73
Current: 11.14


During the past 13 years, Carreras's highest Yield on Cost was 13.73. The lowest was 6.04. And the median was 9.57.


XJAM:CAR's 5-Year Yield-on-Cost % is ranked better than
84.85% of 33 companies
in the Tobacco Products industry
Industry Median: 5.97 vs XJAM:CAR: 11.14

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

For the Tobacco subindustry, Carreras'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.


Carreras's 5-Year Yield-on-Cost % Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Carreras's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Carreras 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 Carreras is calculated as

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

Carreras  (XJAM:CAR) 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.


Carreras 5-Year Yield-on-Cost % Related Terms

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Carreras (XJAM:CAR) Business Description

Traded in Other Exchanges
N/A
Address
13A Ripon Road, Kingston, JAM, 5
Carreras Ltd is a marketer and distributor of cigarettes and tobacco-related products in Jamaica. The company markets and distributes various brands of cigarettes including Craven A and Matterhorn. The group's activities are limited to the distribution of cigarettes to Jamaican consumers, operating in a single segment.