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HSHP (Himalaya Shipping) 5-Year Yield-on-Cost % : 9.23 (As of Dec. 13, 2024)


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What is Himalaya Shipping 5-Year Yield-on-Cost %?

Himalaya Shipping's yield on cost for the quarter that ended in Sep. 2024 was 9.23.


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

HSHP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.43   Med: 1.84   Max: 9.23
Current: 9.23


During the past 3 years, Himalaya Shipping's highest Yield on Cost was 9.23. The lowest was 0.43. And the median was 1.84.


HSHP's 5-Year Yield-on-Cost % is ranked better than
81.08% of 650 companies
in the Transportation industry
Industry Median: 3.6 vs HSHP: 9.23

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

For the Marine Shipping subindustry, Himalaya Shipping'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.


Himalaya Shipping's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Himalaya Shipping's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Himalaya Shipping 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 Himalaya Shipping is calculated as

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

Himalaya Shipping  (NYSE:HSHP) 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.


Himalaya Shipping 5-Year Yield-on-Cost % Related Terms

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


Himalaya Shipping Business Description

Traded in Other Exchanges
Address
9 Par-la-Ville Road, 2nd Floor, S E Pearman Building, Hamilton, BMU, HM 11
Himalaya Shipping Ltd is an independent dry bulk company that focuses on owning and operating its Newcastlemax dry bulk carriers.

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