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HireQuest (HireQuest) 5-Year Yield-on-Cost % : 1.86 (As of May. 01, 2024)


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What is HireQuest 5-Year Yield-on-Cost %?

HireQuest's yield on cost for the quarter that ended in Dec. 2023 was 1.86.


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

HQI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.52   Med: 1.19   Max: 1.98
Current: 1.86


During the past 13 years, HireQuest's highest Yield on Cost was 1.98. The lowest was 0.52. And the median was 1.19.


HQI's 5-Year Yield-on-Cost % is ranked worse than
75.72% of 589 companies
in the Business Services industry
Industry Median: 3.55 vs HQI: 1.86

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

For the Staffing & Employment Services subindustry, HireQuest'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.


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

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

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



HireQuest 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 HireQuest is calculated as

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

HireQuest  (NAS:HQI) 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.


HireQuest 5-Year Yield-on-Cost % Related Terms

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


HireQuest (HireQuest) Business Description

Traded in Other Exchanges
N/A
Address
111 Springhall Drive, Goose Creek, SC, USA, 29445
HireQuest Inc is a nationwide franchisor of offices providing direct-dispatch, executive search, and commercial staffing solutions in the light industrial and blue-collar segments of the staffing industry and traditional commercial staffing. The company's franchisees provide various types of temporary personnel through two business models operating under the trade names HireQuest Direct, HireQuest, Snelling, DriverQuest, HireQuest Health, Northbound Executive Search, and MRI. The primary source of revenue for the company is royalty fees based on the operation of its franchised offices.
Executives
Lawrence F Hagenbuch director 600 CORPORATION DRIVE, PENDLETON IN 46064
R. Rimmy Malhotra director C/O COMMAND CENTER, INC., 3609 S WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235
Kathleen M Shanahan director 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Jack A. Olmstead director 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Edward Jackson director, 10 percent owner 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Richard Hermanns director, 10 percent owner, officer: President and CEO 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
David S. Burnett officer: CFO C/O INTERLINK ELECTRONICS, INC., 31248 OAK CREST DRIVE, SUITE 110, WESTLAKE VILLAGE CA 91361
Richard F & Lisa S Hermanns Dynasty Trust Dated July 16, 2008 10 percent owner 240 S PINEAPPLE AVENUE, 10TH FLOOR, SARASOTA FL 34236
Jd Smith director 13506 SUMMERPORT VILLAGE PARKWAY #160, WINDERMERE FL 34786
John Mcannar officer: Secretary, VP and GC 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Smith Cory officer: CFO and Treasurer 360 S. MONROE STREET, APT. 707, DENVER CO 80209
Payne Brown director 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Brendan Simaytis officer: Executive VP & General Counsel COMMAND CENTER, INC., 3609 S. WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235
Steven Mark Bathgate director 5350 S ROSLYN, SUITE 380, ENGLEWOOD CO 80111
Galen G Vetter director 500 EAST GRANT STREET, #2011, MINNEAPOLIS MN 55404