McMillan Shakespeare (ASX:MMS) 5-Year Yield-on-Cost % : 10.36 (As of May. 04, 2024)

View and export this data going back to 2004. Start your Free Trial

What is McMillan Shakespeare 5-Year Yield-on-Cost %?

McMillan Shakespeare's yield on cost for the quarter that ended in Dec. 2023 was 10.36.

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

ASX:MMS' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.78 Med: 5.97 Max: 15.64
Current: 10.36

During the past 13 years, McMillan Shakespeare's highest Yield on Cost was 15.64. The lowest was 2.78. And the median was 5.97.

ASX:MMS's 5-Year Yield-on-Cost % is ranked better than
90.46% of 587 companies
in the Business Services industry
Industry Median: 3.55 vs ASX:MMS: 10.36

Competitive Comparison of McMillan Shakespeare's 5-Year Yield-on-Cost %

For the Staffing & Employment Services subindustry, McMillan Shakespeare'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.

McMillan Shakespeare's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, McMillan Shakespeare's 5-Year Yield-on-Cost % distribution charts can be found below:

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

McMillan Shakespeare 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 McMillan Shakespeare is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

McMillan Shakespeare (ASX:MMS) 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.

McMillan Shakespeare 5-Year Yield-on-Cost % Related Terms

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

McMillan Shakespeare (ASX:MMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » McMillan Shakespeare Ltd (ASX:MMS) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

NMN:Germany

Address

360 Elizabeth Street, Floor 21, Melbourne, VIC, AUS, 3000

Website

https://www.mmsg.com.au

McMillan Shakespeare Ltd is a provider of salary packaging, novated leasing, disability plan management and support coordination, asset management, and related financial products and services. It also cross-sells its salary packaging services to private entities via its asset management business in Australia and New Zealand, and it has acquired asset management businesses in the U.K. McMillan's asset management businesses provide motor vehicle leasing and fleet management services. The group has three operating segments: Group Remuneration Services, Asset Management Services, and Plan and Support Services. The prime revenue is generated from Asset Management segment.