GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Light & Wonder Inc (ASX:LNW) » Definitions » 5-Year Yield-on-Cost %

Light & Wonder (ASX:LNW) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 06, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Light & Wonder 5-Year Yield-on-Cost %?

Light & Wonder's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



ASX:LNW's 5-Year Yield-on-Cost % is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.4
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Light & Wonder's 5-Year Yield-on-Cost %

For the Gambling subindustry, Light & Wonder'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.


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

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

* The bar in red indicates where Light & Wonder's 5-Year Yield-on-Cost % falls into.



Light & Wonder 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 Light & Wonder is calculated as

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

Light & Wonder  (ASX:LNW) 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.


Light & Wonder 5-Year Yield-on-Cost % Related Terms

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


Light & Wonder (ASX:LNW) Business Description

Traded in Other Exchanges
Address
6601 Bermuda Road, Las Vegas, NV, USA, 89119
Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the top three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about a quarter of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.