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Gentex (STU:GTX) 5-Year Yield-on-Cost % : 2.10 (As of Dec. 14, 2024)


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What is Gentex 5-Year Yield-on-Cost %?

Gentex's yield on cost for the quarter that ended in Sep. 2024 was 2.10.


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

STU:GTX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.59   Med: 2.39   Max: 3.47
Current: 2.1


During the past 13 years, Gentex's highest Yield on Cost was 3.47. The lowest was 1.59. And the median was 2.39.


STU:GTX's 5-Year Yield-on-Cost % is ranked worse than
56.82% of 843 companies
in the Vehicles & Parts industry
Industry Median: 2.76 vs STU:GTX: 2.10

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

For the Auto Parts subindustry, Gentex'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.


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

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

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



Gentex 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 Gentex is calculated as

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

Gentex  (STU:GTX) 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.


Gentex 5-Year Yield-on-Cost % Related Terms

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


Gentex Business Description

Traded in Other Exchanges
Address
600 North Centennial Street, Zeeland, MI, USA, 49464
Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 98% of total revenue. The company is constantly developing new applications for the technology to remain on top. Sales in 2023 totaled about $2.3 billion with 50.6 million mirrors shipped. The unit mix breaks out as 63% interior and 37% exterior, versus 31% exterior in 2019. The company is based in Zeeland, Michigan.