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Veidekke ASA (OSL:VEI) 5-Year Yield-on-Cost % : 6.95 (As of Jun. 09, 2024)


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What is Veidekke ASA 5-Year Yield-on-Cost %?

Veidekke ASA's yield on cost for the quarter that ended in Mar. 2024 was 6.95.


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

OSL:VEI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.04   Med: 4.94   Max: 8.6
Current: 6.95


During the past 13 years, Veidekke ASA's highest Yield on Cost was 8.60. The lowest was 3.04. And the median was 4.94.


OSL:VEI's 5-Year Yield-on-Cost % is ranked better than
80.22% of 981 companies
in the Construction industry
Industry Median: 3.27 vs OSL:VEI: 6.95

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

For the Engineering & Construction subindustry, Veidekke ASA'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.


Veidekke ASA's 5-Year Yield-on-Cost % Distribution in the Construction Industry

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

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



Veidekke ASA 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 Veidekke ASA is calculated as

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

Veidekke ASA  (OSL:VEI) 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.


Veidekke ASA 5-Year Yield-on-Cost % Related Terms

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Veidekke ASA (OSL:VEI) Business Description

Traded in Other Exchanges
Address
Skabos vei 4, Oslo, NOR, 0278
Veidekke ASA is engaged in construction and property development. It constructs building and residential projects, enters civil engineering contracts, and undertakes various infrastructure developments. The company has six operating segments; Construction Norway includes apartment complexes and non-residential buildings, Infrastructure Norway includes road maintenance, railways, power production, and airport, Construction Sweden includes construction projects, including residential units, offices, schools, and cultural buildings, Infrastructure Sweden includes infrastructure, extractive industries, heavy industry, energy, and recycling facilities/landfill, Denmark includes commercial buildings, and Other comprises undistributed costs.