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Myer Holdings (FRA:30M) 5-Year Yield-on-Cost % : 6.40 (As of May. 24, 2024)


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What is Myer Holdings 5-Year Yield-on-Cost %?

Myer Holdings's yield on cost for the quarter that ended in Jan. 2024 was 6.40.


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

FRA:30M' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.4   Med: 8.11   Max: 16.67
Current: 6.4


During the past 13 years, Myer Holdings's highest Yield on Cost was 16.67. The lowest was 1.40. And the median was 8.11.


FRA:30M's 5-Year Yield-on-Cost % is ranked better than
73.94% of 564 companies
in the Retail - Cyclical industry
Industry Median: 2.985 vs FRA:30M: 6.40

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

For the Department Stores subindustry, Myer 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.


Myer Holdings's 5-Year Yield-on-Cost % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Myer 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 Myer Holdings is calculated as

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

Myer Holdings  (FRA:30M) 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.


Myer Holdings 5-Year Yield-on-Cost % Related Terms

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Myer Holdings (FRA:30M) Business Description

Traded in Other Exchanges
Address
1000 La Trobe Street, Level 7, Docklands, Melbourne, VIC, AUS, 3008
Myer is Australia's largest department store operator, with some 60 stores that are mostly spread across eastern states. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The brand is somewhat iconic among Australian domestic consumers. The group's loyalty programme has more than 4 million active members.

Myer Holdings (FRA:30M) Headlines

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