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Pure Storage (FRA:6PU) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 24, 2024)


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What is Pure Storage 5-Year Yield-on-Cost %?

Pure Storage's yield on cost for the quarter that ended in Apr. 2024 was 0.00.


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



FRA:6PU's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 2.57
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Pure Storage's 5-Year Yield-on-Cost %

For the Computer Hardware subindustry, Pure Storage'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.


Pure Storage's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pure Storage's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Pure Storage 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 Pure Storage is calculated as

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

Pure Storage  (FRA:6PU) 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.


Pure Storage 5-Year Yield-on-Cost % Related Terms

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Pure Storage (FRA:6PU) Business Description

Traded in Other Exchanges
Address
650 Castro Street, Suite 400, Mountain View, CA, USA, 94041
Pure Storage Inc is a US-based company that provides an enterprise data storage platform that transforms business through a dramatic increase in performance and reduction in complexity and costs. It generates revenue from two sources: product revenue which includes the sale of integrated storage hardware and embedded operating system software and; subscription services revenue which includes Evergreen Storage subscriptions, a unified subscription which includes Pure as-a-Service, and Cloud Block Store, and Portworx. Subscription services revenue also includes professional services offerings such as installation and implementation consulting services.

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