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Tree Island Steel (Tree Island Steel) 5-Year Yield-on-Cost % : 6.76 (As of May. 27, 2024)


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What is Tree Island Steel 5-Year Yield-on-Cost %?

Tree Island Steel's yield on cost for the quarter that ended in Mar. 2024 was 6.76.


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

TWIRF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.44   Med: 5.41   Max: 10.53
Current: 6.76


During the past 13 years, Tree Island Steel's highest Yield on Cost was 10.53. The lowest was 0.44. And the median was 5.41.


TWIRF's 5-Year Yield-on-Cost % is ranked better than
70.7% of 355 companies
in the Steel industry
Industry Median: 3.46 vs TWIRF: 6.76

Competitive Comparison of Tree Island Steel's 5-Year Yield-on-Cost %

For the Steel subindustry, Tree Island Steel'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.


Tree Island Steel's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tree Island Steel's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Tree Island Steel 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 Tree Island Steel is calculated as

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

Tree Island Steel  (OTCPK:TWIRF) 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.


Tree Island Steel 5-Year Yield-on-Cost % Related Terms

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Tree Island Steel (Tree Island Steel) Business Description

Traded in Other Exchanges
Address
3933 Boundary Road, Richmond, BC, CAN, V6V 1T8
Tree Island Steel Ltd operates in the steel business. It is engaged in the manufacturing and sale of steel wire and related products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products. The firm groups its products into the following: Industrial, Commercial, Agricultural, Construction, and Residential Construction. Key revenue is derived from the Industrial segment. The products are offered under Tree Island, Halsteel, K-Lath, True spec, Toughstrand, and Stucco-rite brands. Geographically the firm has its business presence across the region of the United States, Canada, and other regions, of which the United States region accounts for the majority share of the revenue.

Tree Island Steel (Tree Island Steel) Headlines