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Grindrod (JSE:GND) 5-Year Yield-on-Cost % : 5.62 (As of Apr. 29, 2024)


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

Grindrod's yield on cost for the quarter that ended in Dec. 2023 was 5.62.


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

JSE:GND' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.57   Med: 3.02   Max: 6.67
Current: 5.62


During the past 13 years, Grindrod's highest Yield on Cost was 6.67. The lowest was 0.57. And the median was 3.02.


JSE:GND's 5-Year Yield-on-Cost % is ranked better than
69.07% of 624 companies
in the Transportation industry
Industry Median: 3.525 vs JSE:GND: 5.62

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

For the Integrated Freight & Logistics subindustry, Grindrod'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.


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

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

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



Grindrod 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 Grindrod is calculated as

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

Grindrod  (JSE:GND) 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.


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

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Grindrod (JSE:GND) Business Description

Traded in Other Exchanges
Address
106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001
Grindrod Ltd is a logistics and financial services company with significant investments in marine fuel trading, private equity, and the property sector. The company organizes itself into three segments: logistics, ports and terminals, and bank. The logistics segment, which generates the majority of revenue, is involved in providing complete freight services, storage of containers, and clearing. The Ports and Terminals segment provides bulk handling of commodities. The bank segment provides loan finance and retail services through Grindrod Bank. The company is based in South Africa and operates in the following regions, in order of revenue share: Singapore/Asia/Australia, Middle East, South Africa, the United Kingdom/Europe, North America/Bermuda, and the rest of Africa.

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