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Latitude Group Holdings (ASX:LFS) 5-Year Yield-on-Cost % : 0.00 (As of May. 17, 2024)


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What is Latitude Group Holdings 5-Year Yield-on-Cost %?

Latitude Group Holdings's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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


During the past 4 years, Latitude Group Holdings's highest Yield on Cost was 13.89. The lowest was 0.00. And the median was 6.05.


ASX:LFS's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.26
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Credit Services subindustry, Latitude Group Holdings'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.


Latitude Group Holdings's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Latitude Group Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Latitude Group Holdings 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 Latitude Group Holdings is calculated as

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

Latitude Group Holdings  (ASX:LFS) 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.


Latitude Group Holdings 5-Year Yield-on-Cost % Related Terms

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Latitude Group Holdings (ASX:LFS) Business Description

Traded in Other Exchanges
N/A
Address
130 Lonsdale Street, Level 18, Melbourne, VIC, AUS, 3000
Latitude Group Holdings Ltd is an Australian-based company engaged in providing financial services. It offers loans, credit cards, and insurance services, other services include international businesses, runoff portfolios and unallocated central costs.

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