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Oceana Group (JSE:OCE) 5-Year Yield-on-Cost % : 13.62 (As of May. 27, 2024)


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What is Oceana Group 5-Year Yield-on-Cost %?

Oceana Group's yield on cost for the quarter that ended in Sep. 2023 was 13.62.


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

JSE:OCE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.89   Med: 10.05   Max: 19.68
Current: 13.62


During the past 13 years, Oceana Group's highest Yield on Cost was 19.68. The lowest was 2.89. And the median was 10.05.


JSE:OCE's 5-Year Yield-on-Cost % is ranked better than
94.11% of 1103 companies
in the Consumer Packaged Goods industry
Industry Median: 2.66 vs JSE:OCE: 13.62

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

For the Packaged Foods subindustry, Oceana Group'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.


Oceana Group's 5-Year Yield-on-Cost % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oceana Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Oceana Group 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 Oceana Group is calculated as

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

Oceana Group  (JSE:OCE) 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.


Oceana Group 5-Year Yield-on-Cost % Related Terms

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Oceana Group (JSE:OCE) Business Description

Traded in Other Exchanges
Address
25 Jan Smuts Street, 9th Floor, Oceana House, Foreshore, Cape Town, WC, ZAF, 8001
Oceana Group Ltd is an African fishing company focused on catching, procuring, processing, marketing, and distributing canned fish, fishmeal, fish oil, lobster, horse mackerel, squid, and hake. Oceana Group also provides refrigerated warehouse facilities and logistical support services. The company's principal market is the lower-end consumer who prefers canned fish and horse mackerel. The majority of Oceana Group's revenue is derived from South Africa and Nambia. The company operates through four segments: Canned Fish and Fishmeal (Africa), which contributes the majority portion of revenue; Fishmeal and Fish Oil (USA); Horse Mackerel, Hake, Lobster, and Squid; and Commercial Cold Storage Logistics.

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