GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Automotive Finco Corp (OTCPK:RMIAF) » Definitions » 5-Year Yield-on-Cost %

RMIAF (Automotive Finco) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 14, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Automotive Finco 5-Year Yield-on-Cost %?

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


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


During the past 13 years, Automotive Finco's highest Yield on Cost was 4.11. The lowest was 0.18. And the median was 2.02.


RMIAF's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 3.625
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Automotive Finco's 5-Year Yield-on-Cost %

For the Credit Services subindustry, Automotive Finco'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.


Automotive Finco's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Automotive Finco's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Automotive Finco 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 Automotive Finco is calculated as

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

Automotive Finco  (OTCPK:RMIAF) 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.


Automotive Finco 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Automotive Finco's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Automotive Finco Business Description

Traded in Other Exchanges
Address
Yonge King, PO Box 17026, Toronto, ON, CAN, M5E 1Y2
Automotive Finco Corp p is a finance company focused exclusively on the auto retail sector. The company also pursues other direct investments and financing opportunities across the auto retail sector. Through its investment in Automotive Finance LP, it is engaged in the business of lending and administering investment funds. The Company has only one operating segment: Investment issuer focused on providing debt financing and making other investments in the auto retail sector.