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Electro Rent (Electro Rent) 5-Year Yield-on-Cost %

: 3.23 (As of Today)
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Electro Rent's yield on cost for the quarter that ended in Feb. 2016 was 3.23.


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

ELRC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.23
Current: 3.23


During the past 13 years, Electro Rent's highest Yield on Cost was 3.23. The lowest was 0.00. And the median was 0.00.


ELRC's 5-Year Yield-on-Cost % is not ranked
in the Business Services industry.
Industry Median: 3.46 vs ELRC: 3.23

Competitive Comparison

For the Rental & Leasing Services subindustry, Electro Rent'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.


Electro Rent 5-Year Yield-on-Cost % Distribution

For the Business Services industry and Industrials sector, Electro Rent's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Electro Rent 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 Electro Rent is calculated as

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

Electro Rent  (NAS:ELRC) 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.


Electro Rent 5-Year Yield-on-Cost % Related Terms

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


Electro Rent (Electro Rent) Business Description

Traded in Other Exchanges
N/A
Address
Electro Rent Corp was incorporated in California in 1965 and became a publicly held corporation in 1980. The Company rental, lease and sells of new and used electronic test and measurement equipment. The Company purchases that equipment from manufacturers such as Agilent and Tektronix primarily for use by its customers in the aerospace, telecommunications, defense, electronics, industrial and semiconductor industries. The Company data products division provides personal computers and servers from manufacturers including Dell, HP/Compaq, IBM, Toshiba and Apple. It has also expanded its rental, lease and sale of electrical test and inspection equipment used in the industrial industry, which includes electrical contractors and utility companies and their related support services providers. The Company's competitors in the North American T&M rental area include McGrath Rent Corp., Continental Resources, Test Equity and Microlease PLC. It competes for rental business with Microlease plc and Livingston Group Ltd. in Europe and Orix Corporation in Asia.
Executives
James S Pignatelli director 2300 E SLINGSHOT WAY, KAMAS UT 84036
Theodore E Guth director 6060 SEPULVEDA BOULEVARD, VAN NUYS CA 91411
Joseph J Kearns director C/O ELECTRO RENT CORP, 6060 SEPULVEDA BLVD, VAN NUYS CA 91411
Platinum Equity Llc 10 percent owner 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Tom Gores 10 percent owner C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Investment Holdings Iii, Llc 10 percent owner C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Iii, Llc 10 percent owner C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
S Lee Kling director 1401 S BRENTWOOD BLVD, ST LOUIS MO 63144

Electro Rent (Electro Rent) Headlines

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