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Lenovo Group (Lenovo Group) 5-Year Yield-on-Cost % : 6.06 (As of Apr. 26, 2024)


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What is Lenovo Group 5-Year Yield-on-Cost %?

Lenovo Group's yield on cost for the quarter that ended in Dec. 2023 was 6.06.


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

LNVGY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.76   Med: 6.06   Max: 10.42
Current: 6.06


During the past 13 years, Lenovo Group's highest Yield on Cost was 10.42. The lowest was 0.76. And the median was 6.06.


LNVGY's 5-Year Yield-on-Cost % is ranked better than
76.59% of 1354 companies
in the Hardware industry
Industry Median: 2.805 vs LNVGY: 6.06

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

For the Computer Hardware subindustry, Lenovo Group'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.


Lenovo Group's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

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

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



Lenovo Group 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 Lenovo Group is calculated as

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

Lenovo Group  (OTCPK:LNVGY) 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.


Lenovo Group 5-Year Yield-on-Cost % Related Terms

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Lenovo Group (Lenovo Group) Business Description

Traded in Other Exchanges
Address
979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Lenovo is a global technology hardware company with a leading market share in personal computers. Its operations are divided into three main business segments: PC and smart devices, mobile, and data center, which we expect to account for 55%, 11%, and 19% of sales in the midterm, respectively. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 16% of overall sales in fiscal 2022, from 6% in 2015.