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Fletcher Building (FRA:FLQ) 5-Year Yield-on-Cost % : 14.03 (As of May. 08, 2024)


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What is Fletcher Building 5-Year Yield-on-Cost %?

Fletcher Building's yield on cost for the quarter that ended in Dec. 2023 was 14.03.


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

FRA:FLQ' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.6   Med: 18.43   Max: 36.8
Current: 14.03


During the past 13 years, Fletcher Building's highest Yield on Cost was 36.80. The lowest was 4.60. And the median was 18.43.


FRA:FLQ's 5-Year Yield-on-Cost % is ranked better than
93.31% of 239 companies
in the Building Materials industry
Industry Median: 3.63 vs FRA:FLQ: 14.03

Competitive Comparison of Fletcher Building's 5-Year Yield-on-Cost %

For the Building Materials subindustry, Fletcher Building'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.


Fletcher Building's 5-Year Yield-on-Cost % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fletcher Building's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Fletcher Building 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 Fletcher Building is calculated as

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

Fletcher Building  (FRA:FLQ) 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.


Fletcher Building 5-Year Yield-on-Cost % Related Terms

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Fletcher Building (FRA:FLQ) Business Description

Traded in Other Exchanges
Address
810 Great South Road, Penrose, Auckland, NTL, NZL, 1061
Fletcher Building is a New Zealand-based building materials company with operations focused in New Zealand, but also extending to Australia. It has a conglomerate structure with diverse operations across concrete, building products, steel, retail distribution, construction, and development. Having previously expanded internationally through acquisitions, operations have gradually refocused on the New Zealand and Australian businesses.

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