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Michman Finance (XTAE:MCMN) 5-Year Yield-on-Cost % : 0.00 (As of Sep. 23, 2024)


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What is Michman Finance 5-Year Yield-on-Cost %?

Michman Finance's yield on cost for the quarter that ended in Jun. 2024 was 0.00.


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


During the past 6 years, Michman Finance's highest Yield on Cost was 2.75. The lowest was 2.14. And the median was 2.54.


XTAE:MCMN's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.05
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Credit Services subindustry, Michman Finance'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.


Michman Finance's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

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

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



Michman Finance 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 Michman Finance is calculated as

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

Michman Finance  (XTAE:MCMN) 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.


Michman Finance 5-Year Yield-on-Cost % Related Terms

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Michman Finance Business Description

Traded in Other Exchanges
N/A
Address
BSR Towers 3, 29th Floor, Bnei Brak, ISR, 5126237
Michman Finance Ltd is engaged in providing a variety of loans and non-bank services to businesses. The products of the company comprise Discount checks, Extended license, Import financing, Business Mediation loans, and Extended license, among others.

Michman Finance Headlines

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