GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Air Industries Group (AMEX:AIRI) » Definitions » 5-Year Yield-on-Cost %

Air Industries Group (Air Industries Group) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 25, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Air Industries Group 5-Year Yield-on-Cost %?

Air Industries Group's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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


During the past 13 years, Air Industries Group's highest Yield on Cost was 10.17. The lowest was 1.02. And the median was 4.50.


AIRI's 5-Year Yield-on-Cost % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 1.235
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Air Industries Group's 5-Year Yield-on-Cost %

For the Aerospace & Defense subindustry, Air Industries Group'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.


Air Industries Group's 5-Year Yield-on-Cost % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Air Industries Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Air Industries Group 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 Air Industries Group is calculated as

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

Air Industries Group  (AMEX:AIRI) 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.


Air Industries Group 5-Year Yield-on-Cost % Related Terms

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


Air Industries Group (Air Industries Group) Business Description

Traded in Other Exchanges
Address
1460 Fifth Avenue, Bay Shore, New York, NY, USA, 11706
Air Industries Group is an aerospace and defense company. Its manufactures and designs structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components. The company also provides sheet metal fabrication of aerostructures, tube bending, and welding services. It reports into two segments namely Complex Machining, and Turbine Engine Components.
Executives
Scott Glassman officer: CHIEF FINANCIAL OFFICER 1479 NORTH CLINTON AVENUE, BAY SHORE NY 11706
Luciano M Melluzzo officer: President 93 FOXON PLACE, NEW BRITAIN CT 06053
Michael N Taglich director TAGLICH BROTHERS INC, 1370 AVENUE OF THE AMERICAS --31ST FLOOR, NEW YORK NY 6317254791
Michael Porcelain director 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Peter Rettaliata director C/O AIR INDUSTRIES, 1479 CLINTON AVENUE, BAY SHORE NY 11706
Robert Taglich director, 10 percent owner 700 NEW YORK AVENUE, HUNTINGTON NY 11743
Michael Brand director 4196 MAJESTIC CIRCLE, MEDINA OH 44256
David S. Richmond 10 percent owner, other: See Footnote 1 3568 WILDWOOD AVENUE, JACKSON MI 49202
Rbi Private Investment Iii, Llc other: See Footnote 1 3568 WILDWOOD AVENUE, JACKSON MI 49202
Matthew J. Curfman 10 percent owner, other: See Footnote 1 3568 WILDWOOD AVENUE, JACKSON MI 49202
Rbi Pi Manager, Llc other: See Footnote 1 3568 WILDWOOD AVENUE, JACKSON MI 49202
Richmond Brothers 401(k) Profit Sharing Plan other: See Footnote 1 3568 WILDWOOD AVENUE, JACKSON MI 49202
Rbi Private Investment Ii, Llc other: See Footnote 1 3568 WILDWOOD AVENUE, JACKSON MI 49202
Richmond Brothers, Inc. 10 percent owner, other: See Footnotes 1 and 2 7415 FOXWORTH COURT, JACKSON MI 49201
Michael E Recca officer: Chief Financial Officer

Air Industries Group (Air Industries Group) Headlines