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Howmet Aerospace (Howmet Aerospace) 5-Year Yield-on-Cost % : 1.38 (As of May. 16, 2024)


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What is Howmet Aerospace 5-Year Yield-on-Cost %?

Howmet Aerospace's yield on cost for the quarter that ended in Mar. 2024 was 1.38.


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

ARNCPRB.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.05   Med: 0.33   Max: 1.49
Current: 1.38


During the past 10 years, Howmet Aerospace's highest Yield on Cost was 1.49. The lowest was 0.05. And the median was 0.33.


ARNCPRB.PFD's 5-Year Yield-on-Cost % is ranked worse than
91.37% of 139 companies
in the Aerospace & Defense industry
Industry Median: 1.2 vs ARNCPRB.PFD: 1.38

Competitive Comparison of Howmet Aerospace's 5-Year Yield-on-Cost %

For the Aerospace & Defense subindustry, Howmet Aerospace'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.


Howmet Aerospace's 5-Year Yield-on-Cost % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Howmet Aerospace 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 Howmet Aerospace is calculated as

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

Howmet Aerospace  (NYSE:ARNCPRB.PFD) 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.


Howmet Aerospace 5-Year Yield-on-Cost % Related Terms

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Howmet Aerospace (Howmet Aerospace) Business Description

Address
201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872
Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with innovative solutions through offering differentiated products such as airfoils with advanced cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.

Howmet Aerospace (Howmet Aerospace) Headlines