Traction AB (OSTO:TRAC B) 5-Year Yield-on-Cost % : 9.50 (As of Jun. 04, 2024)

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What is Traction AB 5-Year Yield-on-Cost %?

Traction AB's yield on cost for the quarter that ended in Mar. 2024 was 9.50.

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

OSTO:TRAC B' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.55 Med: 4.43 Max: 9.62
Current: 9.5

During the past 13 years, Traction AB's highest Yield on Cost was 9.62. The lowest was 1.55. And the median was 4.43.

OSTO:TRAC B's 5-Year Yield-on-Cost % is ranked better than
76.32% of 1212 companies
in the Asset Management industry
Industry Median: 5.84 vs OSTO:TRAC B: 9.50

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

For the Asset Management subindustry, Traction AB'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.

Traction AB's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Traction AB's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Traction AB 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 Traction AB is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Traction AB (OSTO:TRAC B) 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.

Traction AB 5-Year Yield-on-Cost % Related Terms

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Traction AB (OSTO:TRAC B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Traction AB (OSTO:TRAC B) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Box 3314, Stockholm, SWE, S-103 66

Website

http://www.traction.se

Traction AB is a Sweden-based investment company engaged in the long-term business development of wholly and partially owned companies. Its core objective is to realize a good return on capital. Its activities are divided into three business divisions: Customer relationships, providing customer-focused business models; Capital flows, offering cost control; and Risk management, including sharing and reducing risk factors. Traction AB invests in listed active holdings, such as BE Group, Drillcon, Duroc, Hifab Group, Nordic Camping and Resort, OEM International, PartnerTech, Softronic, and SwitchCore, as well as in unlisted active entities, including Banking Automation, Modular Streams, Recco Holding, and Silicon.

Traction AB (OSTO:TRAC B) Headlines

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