Speedway Motorsports (Speedway Motorsports) 5-Year Yield-on-Cost % : 3.03 (As of May. 11, 2024)

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What is Speedway Motorsports 5-Year Yield-on-Cost %?

Speedway Motorsports's yield on cost for the quarter that ended in Jun. 2019 was 3.03.

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

TRK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.03
Current: 3.03

During the past 13 years, Speedway Motorsports's highest Yield on Cost was 3.03. The lowest was 0.00. And the median was 0.00.

TRK's 5-Year Yield-on-Cost % is not ranked
in the Travel & Leisure industry.
Industry Median: 2.44 vs TRK: 3.03

Competitive Comparison of Speedway Motorsports's 5-Year Yield-on-Cost %

For the Leisure subindustry, Speedway Motorsports'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.

Speedway Motorsports's 5-Year Yield-on-Cost % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Speedway Motorsports's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Speedway Motorsports 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 Speedway Motorsports is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Speedway Motorsports (NYSE:TRK) 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.

Speedway Motorsports 5-Year Yield-on-Cost % Related Terms

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

Speedway Motorsports (Speedway Motorsports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Speedway Motorsports Inc (NYSE:TRK) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5555 Concord Parkway South, Concord, NC, USA, 28027

Website

http://www.speedwaymotorsports.com

Speedway Motorsports Inc act as a promoter, marketer and sponsor of motorsports activities in the United States. The company also provides souvenir merchandising, including screen-printing and embroidery, as well as food, beverage, and hospitality catering services; and radio programming, production, and distribution services. It operates through motorsports event related segments. The motorsports event related segment includes admissions, event related, NASCAR broadcasting and event motorsports merchandising activities. Speedway generates most of the income from NASCAR broadcasting which include rights fees obtained for domestic television broadcasts of NASCAR-sanctioned events.

Executives

James P Holden	director	1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Mark M Gambill	director	5555 CONCORD PARKWAY SOUTH, CONCORD NC 28027
William R Brooks	director, officer: Chief Financial Officer	5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Marcus G Smith	director, 10 percent owner, officer: Chief Executive Officer	5555 CONCORD PARKWAY SOUTH, CONCORD NC 28027
O Bruton Smith	director, 10 percent owner, officer: Executive Chairman	5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Bryan Scott Smith	director, 10 percent owner	5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Byrd Bernard Clinton Jr	director	4401 COLWICK ROAD, CHARLOTTE NC 28211
David Bruton Smith	10 percent owner	C/O SONIC AUTOMOTIVE, INC., 6415 IDLEWILD ROAD, SUITE 109, CHARLOTTE NC 28212
Robert L Rewey	director	401 LONE PINE COURT, BLOOMFIELD HILLS MI 48304
William P Benton	director	PARKLANE TOWERS WEST, 3 PARKLANE BLVD STE 1610, DEARBORN MI 48126