What is Albany International 5-Year Yield-on-Cost %?
Albany International's yield on cost for the quarter that ended in Dec. 2023 was 1.65.
The historical rank and industry rank for Albany International's 5-Year Yield-on-Cost % or its related term are showing as below:
AIN'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.11 Med: 1.62 Max: 3.3
Current: 1.65
During the past 13 years, Albany International's highest Yield on Cost was 3.30. The lowest was 1.11. And the median was 1.62.
AIN's 5-Year Yield-on-Cost % is ranked worse than 67.39% of 555
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.59
vs AIN: 1.65
Competitive Comparison of Albany International's 5-Year Yield-on-Cost %
For the Textile Manufacturing subindustry, Albany 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.
Albany International's 5-Year Yield-on-Cost % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Albany International's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Albany International's 5-Year Yield-on-Cost % falls into.
Albany 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 Albany International is calculated as
Albany International (NYSE:AIN) 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.
Albany International 5-Year Yield-on-Cost % Related Terms
Thank you for viewing the detailed overview of Albany International's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
Albany International (Albany International) Business Description
Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has a global operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.
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