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Kitron ASA (OSTO:KITO) 5-Year Yield-on-Cost % : 2.87 (As of May. 02, 2024)


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What is Kitron ASA 5-Year Yield-on-Cost %?

Kitron ASA's yield on cost for the quarter that ended in Dec. 2023 was 2.87.


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

OSTO:KITO' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.58   Med: 3.52   Max: 7.22
Current: 2.87


During the past 13 years, Kitron ASA's highest Yield on Cost was 7.22. The lowest was 0.58. And the median was 3.52.


OSTO:KITO's 5-Year Yield-on-Cost % is ranked worse than
50.29% of 1358 companies
in the Hardware industry
Industry Median: 2.825 vs OSTO:KITO: 2.87

Competitive Comparison of Kitron ASA's 5-Year Yield-on-Cost %

For the Electronic Components subindustry, Kitron ASA'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.


Kitron ASA's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kitron ASA's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Kitron ASA 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 Kitron ASA is calculated as

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

Kitron ASA  (OSTO:KITO) 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.


Kitron ASA 5-Year Yield-on-Cost % Related Terms

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Kitron ASA (OSTO:KITO) Business Description

Industry
Traded in Other Exchanges
Address
Olav Brunborgs vei 4, Billingstad, NOR, 1396
Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' own products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. The company has manufacturing facilities in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, and the United States. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets. The company operates in a single segment Electronics Manufacturing Services from which it earns the majority of its revenues.

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