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poLight ASA (OSTO:PLTO) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 19, 2024)


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

poLight ASA's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



OSTO:PLTo's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 2.58
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Electronic Components subindustry, poLight 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.


poLight ASA's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, poLight ASA's 5-Year Yield-on-Cost % distribution charts can be found below:

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



poLight 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 poLight ASA is calculated as

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

poLight ASA  (OSTO:PLTo) 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.


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

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poLight ASA (OSTO:PLTO) Business Description

Industry
Traded in Other Exchanges
Address
Innlaget 230, Skoppum, NOR, N-3185
poLight ASA provides photographic lenses used in cameras for smartphones, wearables such as watches and glasses, and industrial applications including medical and retail. The company is specialized in optics, polymers, micro-electromechanical systems technology, and image application and processing. Its products include Driver ASIC and TLens. Its geographical segments are the United States, Asia, and Europe.

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