Maytronics (XTAE:MTRN) 5-Year Yield-on-Cost % : 8.59 (As of Jun. 22, 2024)

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

Maytronics's yield on cost for the quarter that ended in Mar. 2024 was 8.59.

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

XTAE:MTRN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.82 Med: 4.14 Max: 11.77
Current: 8.59

During the past 12 years, Maytronics's highest Yield on Cost was 11.77. The lowest was 0.82. And the median was 4.14.

XTAE:MTRN's 5-Year Yield-on-Cost % is ranked better than
86.07% of 1393 companies
in the Hardware industry
Industry Median: 2.57 vs XTAE:MTRN: 8.59

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

For the Consumer Electronics subindustry, Maytronics'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.

Maytronics's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maytronics's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Maytronics 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 Maytronics is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Maytronics (XTAE:MTRN) 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.

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

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Maytronics (XTAE:MTRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maytronics Ltd (XTAE:MTRN) » Definitions » 5-Year Yield-on-Cost %

Traded in Other Exchanges

N/A

Address

Kibbutz Yizreel, Jezreel, ISR, 19350

Website

https://www.maytronics.co.il

Maytronics Ltd is an Israel-based company which provides a complete solution for swimming pool care. It delivers automatic pool cleaners, environment-friendly water treatment systems, and pool safety products to residential and commercial swimming pool owners and operators across the world. The company's product brands are Dolphin line of robotic pool cleaners, the AQUAlife pool covers and Aqualarm and Espio pool alarms. Its operating segment includes Manufacturing of private pool cleaning robots as a key revenue driver; Manufacturing of public pool cleaning robots and Safety products and related pool products.