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Northern Ocean (OSTO:NOLO) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 13, 2024)


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What is Northern Ocean 5-Year Yield-on-Cost %?

Northern Ocean's yield on cost for the quarter that ended in Sep. 2024 was 0.00.


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



OSTO:NOLo's 5-Year Yield-on-Cost % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.255
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Oil & Gas Drilling subindustry, Northern Ocean'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.


Northern Ocean's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Northern Ocean's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Northern Ocean 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 Northern Ocean is calculated as

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

Northern Ocean  (OSTO:NOLo) 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.


Northern Ocean 5-Year Yield-on-Cost % Related Terms

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Northern Ocean Business Description

Traded in Other Exchanges
Address
14 Par La Ville Road, Par La Ville Place, PO Box HM 1593, Hamilton, BMU, HM08
Northern Ocean Ltd is an international offshore drilling contractor for the oil and gas industry. The company acquires and operates modern drilling assets and is engaged in offshore contract drilling in benign and harsh environments, including ultra-deep-water environments. It owns two semi-submersible rigs, Deepsea Mira and Deepsea Bollsta. The company earns revenue from Drilling, Mobilization and demobilization, Contract preparation and One-time reimbursed costs.

Northern Ocean Headlines

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