Opal Balance Investments (XTAE:OPAL) 5-Year Yield-on-Cost % : 7.19 (As of May. 12, 2024)

View and export this data going back to 2005. Start your Free Trial

What is Opal Balance Investments 5-Year Yield-on-Cost %?

Opal Balance Investments's yield on cost for the quarter that ended in Dec. 2023 was 7.19.

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

XTAE:OPAL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.93 Med: 3.94 Max: 12.39
Current: 7.19

During the past 11 years, Opal Balance Investments's highest Yield on Cost was 12.39. The lowest was 0.93. And the median was 3.94.

XTAE:OPAL's 5-Year Yield-on-Cost % is ranked better than
80.34% of 356 companies
in the Capital Markets industry
Industry Median: 3.11 vs XTAE:OPAL: 7.19

Competitive Comparison of Opal Balance Investments's 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Opal Balance Investments'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.

Opal Balance Investments's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Opal Balance Investments's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Opal Balance Investments 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 Opal Balance Investments is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Opal Balance Investments (XTAE:OPAL) 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.

Opal Balance Investments 5-Year Yield-on-Cost % Related Terms

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