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Spectra Products (Spectra Products) 5-Year Yield-on-Cost % : 0.00 (As of May. 06, 2024)


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What is Spectra Products 5-Year Yield-on-Cost %?

Spectra Products's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


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



SPKTF's 5-Year Yield-on-Cost % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.4
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Spectra Products's 5-Year Yield-on-Cost %

For the Auto Parts subindustry, Spectra Products'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.


Spectra Products's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Spectra Products's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Spectra Products 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 Spectra Products is calculated as

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

Spectra Products  (OTCPK:SPKTF) 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.


Spectra Products 5-Year Yield-on-Cost % Related Terms

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Spectra Products (Spectra Products) Business Description

Traded in Other Exchanges
Address
41 Horner Avenue, Unit 2, Etobicoke, Toronto, ON, CAN, M8Z 4X4
Spectra Products Inc is a company engaged in manufacturing and supplying safety and productivity enhancement products to the bus and truck transportation industry. The operating segment of the company is Bus and Truck Transportation Safety Equipment. It manufactures and markets brake and wheel-end monitoring equipment as an after-market product through transportation dealers, distributors and direct sales to fleet operators. Geographically, it generates the majority of its revenue from the United States.

Spectra Products (Spectra Products) Headlines

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