Martinrea International (Martinrea International) 5-Year Yield-on-Cost % : 2.15 (As of Apr. 25, 2024)

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

Martinrea International's yield on cost for the quarter that ended in Dec. 2023 was 2.15.

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

MRETF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.29 Med: 1.64 Max: 3.56
Current: 2.15

During the past 13 years, Martinrea International's highest Yield on Cost was 3.56. The lowest was 0.29. And the median was 1.64.

MRETF's 5-Year Yield-on-Cost % is ranked worse than
55.29% of 803 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs MRETF: 2.15

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

For the Auto Parts subindustry, Martinrea 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.

Martinrea International's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Martinrea International's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Martinrea 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 Martinrea International is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Martinrea International (OTCPK:MRETF) 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.

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

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Martinrea International (Martinrea International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Martinrea International Inc (OTCPK:MRETF) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

03M:Germany MRE:Canada

Address

3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2

Website

https://www.martinrea.com

Martinrea International Inc is a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The company also provides metal forming and welding solutions. The largest end market for Martinrea's products in North America.