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Lanka Tiles (COL:TILE.N0000) 5-Year Yield-on-Cost % : 11.30 (As of May. 06, 2024)


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What is Lanka Tiles 5-Year Yield-on-Cost %?

Lanka Tiles's yield on cost for the quarter that ended in Dec. 2023 was 11.30.


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

COL:TILE.N0000' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.38   Med: 1.48   Max: 21.05
Current: 11.3


During the past 13 years, Lanka Tiles's highest Yield on Cost was 21.05. The lowest was 0.38. And the median was 1.48.


COL:TILE.N0000's 5-Year Yield-on-Cost % is ranked better than
90.96% of 951 companies
in the Construction industry
Industry Median: 3.26 vs COL:TILE.N0000: 11.30

Competitive Comparison of Lanka Tiles's 5-Year Yield-on-Cost %

For the Building Products & Equipment subindustry, Lanka Tiles'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.


Lanka Tiles's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lanka Tiles's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Lanka Tiles 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 Lanka Tiles is calculated as

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

Lanka Tiles  (COL:TILE.N0000) 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.


Lanka Tiles 5-Year Yield-on-Cost % Related Terms

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


Lanka Tiles (COL:TILE.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 215, Nawala Road, Narahenpita, Colombo, LKA, 05
Lanka Tiles PLC is a manufacturer and seller of glazed ceramic floor tiles in Sri Lanka. The principal activities of the group are the Manufacturing and distribution of glazed ceramic and porcelain floor tiles through a network of dealers and distributors.

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