African Media Entertainment (JSE:AME) 5-Year Yield-on-Cost % : 9.72 (As of May. 23, 2024)

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What is African Media Entertainment 5-Year Yield-on-Cost %?

African Media Entertainment's yield on cost for the quarter that ended in Sep. 2023 was 9.72.

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

JSE:AME' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.21 Med: 5.83 Max: 14
Current: 9.72

During the past 13 years, African Media Entertainment's highest Yield on Cost was 14.00. The lowest was 1.21. And the median was 5.83.

JSE:AME's 5-Year Yield-on-Cost % is ranked better than
91.03% of 390 companies
in the Media - Diversified industry
Industry Median: 2.94 vs JSE:AME: 9.72

Competitive Comparison of African Media Entertainment's 5-Year Yield-on-Cost %

For the Broadcasting subindustry, African Media Entertainment'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.

African Media Entertainment's 5-Year Yield-on-Cost % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, African Media Entertainment's 5-Year Yield-on-Cost % distribution charts can be found below:

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

African Media Entertainment 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 African Media Entertainment is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

African Media Entertainment (JSE:AME) 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.

African Media Entertainment 5-Year Yield-on-Cost % Related Terms

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African Media Entertainment (JSE:AME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » African Media Entertainment Ltd (JSE:AME) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, 8th Street, Block A, Oxford Office Park, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

http://www.ame.co.za

African Media Entertainment Ltd is involved in providing broadcasting services in South Africa. The company's operating segment includes Radio broadcasters; Media Services and Corporate. It generates maximum revenue from the Radio broadcasters segment.