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Middle East Specialized Cables Co (SAU:2370) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 18, 2024)


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What is Middle East Specialized Cables Co 5-Year Yield-on-Cost %?

Middle East Specialized Cables Co's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


The historical rank and industry rank for Middle East Specialized Cables Co's 5-Year Yield-on-Cost % or its related term are showing as below:



SAU:2370's 5-Year Yield-on-Cost % is not ranked *
in the Industrial Products industry.
Industry Median: 2.12
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Middle East Specialized Cables Co's 5-Year Yield-on-Cost %

For the Electrical Equipment & Parts subindustry, Middle East Specialized Cables Co'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.


Middle East Specialized Cables Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Middle East Specialized Cables Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Middle East Specialized Cables Co's 5-Year Yield-on-Cost % falls into.



Middle East Specialized Cables Co 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 Middle East Specialized Cables Co is calculated as

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

Middle East Specialized Cables Co  (SAU:2370) 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.


Middle East Specialized Cables Co 5-Year Yield-on-Cost % Related Terms

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Middle East Specialized Cables Co (SAU:2370) Business Description

Traded in Other Exchanges
N/A
Address
Salahuddin Street, King Abdulaziz Sector, PO Box 60536, Riyadh, SAU, 11555
Middle East Specialized Cables Co is a company which is engaged in the production and sale of flexible electric, coaxial, rubber and nylon coated wires and cables, telephone cables for internal extensions, computer cables, safety and anti-fire wires and cables, and control and transmission of information cables. The company's products include instrumentation and process control cables, Building wire, power, and control cables (PVC), data and communication cable, Flexible cables, fire cables, irrigation cables, bare copper and PVCs. It operates its business in two geographic segments namely Saudi Arabia and Unites Arab Emirates (UAE). The majority of the company's revenue comes from Saudi Arabia.

Middle East Specialized Cables Co (SAU:2370) Headlines

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