GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Textainer Group Holdings Ltd (NYSE:TGH) » Definitions » 5-Year Yield-on-Cost %

Textainer Group Holdings (Textainer Group Holdings) 5-Year Yield-on-Cost % : 2.40 (As of Apr. 26, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Textainer Group Holdings 5-Year Yield-on-Cost %?

Textainer Group Holdings's yield on cost for the quarter that ended in Dec. 2023 was 2.40.


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

TGH' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.17   Med: 4.74   Max: 18.79
Current: 2.4


During the past 13 years, Textainer Group Holdings's highest Yield on Cost was 18.79. The lowest was 0.17. And the median was 4.74.


TGH's 5-Year Yield-on-Cost % is not ranked
in the Business Services industry.
Industry Median: 3.57 vs TGH: 2.40

Competitive Comparison of Textainer Group Holdings's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, Textainer Group Holdings'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.


Textainer Group Holdings's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

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

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



Textainer Group Holdings 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 Textainer Group Holdings is calculated as

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

Textainer Group Holdings  (NYSE:TGH) 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.


Textainer Group Holdings 5-Year Yield-on-Cost % Related Terms

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


Textainer Group Holdings (Textainer Group Holdings) Business Description

Address
16 Par-La-Ville Road, Century House, Hamilton, BMU, HM 08
Textainer Group Holdings Ltd is an intermodal container leasing company providing customers globally, including international shipping lines and other leases. The company's operating segments are Container Ownership, Container Management, and Container Resale. Its geographical segments are Asia, Europe, North/South America, and other international countries. Textainer generates the majority of its revenue from lease rental income.

Textainer Group Holdings (Textainer Group Holdings) Headlines