GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Finning International Inc (OTCPK:FINGF) » Definitions » 5-Year Yield-on-Cost %

Finning International (Finning International) 5-Year Yield-on-Cost % : 2.97 (As of Apr. 29, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Finning International 5-Year Yield-on-Cost %?

Finning International's yield on cost for the quarter that ended in Dec. 2023 was 2.97.


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

FINGF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.35   Med: 3.44   Max: 7.61
Current: 2.97


During the past 13 years, Finning International's highest Yield on Cost was 7.61. The lowest was 2.35. And the median was 3.44.


FINGF's 5-Year Yield-on-Cost % is ranked worse than
59% of 100 companies
in the Industrial Distribution industry
Industry Median: 3.405 vs FINGF: 2.97

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

For the Industrial Distribution subindustry, Finning International'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.


Finning International's 5-Year Yield-on-Cost % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Finning International's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Finning International 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 Finning International is calculated as

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

Finning International  (OTCPK:FINGF) 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.


Finning International 5-Year Yield-on-Cost % Related Terms

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


Finning International (Finning International) Business Description

Traded in Other Exchanges
Address
19100 94th Avenue, Surrey, BC, CAN, V4N 5C3
Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, South America, UK and Ireland, and others.

Finning International (Finning International) Headlines