Steamships Trading Co (ASX:SST) 5-Year Yield-on-Cost % : 2.45 (As of May. 16, 2024)

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What is Steamships Trading Co 5-Year Yield-on-Cost %?

Steamships Trading Co's yield on cost for the quarter that ended in Dec. 2023 was 2.45.

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

ASX:SST' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.83 Med: 3.14 Max: 6.45
Current: 2.45

During the past 13 years, Steamships Trading Co's highest Yield on Cost was 6.45. The lowest was 1.83. And the median was 3.14.

ASX:SST's 5-Year Yield-on-Cost % is ranked worse than
62.34% of 624 companies
in the Transportation industry
Industry Median: 3.37 vs ASX:SST: 2.45

Competitive Comparison of Steamships Trading Co's 5-Year Yield-on-Cost %

For the Integrated Freight & Logistics subindustry, Steamships Trading Co'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.

Steamships Trading Co's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Steamships Trading Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Steamships Trading Co 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 Steamships Trading Co is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Steamships Trading Co (ASX:SST) 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.

Steamships Trading Co 5-Year Yield-on-Cost % Related Terms

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Steamships Trading Co (ASX:SST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Steamships Trading Co Ltd (ASX:SST) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

345, Stanley Esplanade, Section 20, Allotments 3, 4 and 5, Level 2 Granville, PO Box 1, National Capital District, Port Moresby, PNG, NCD 121

Website

https://www.steamships.com.pg

Steamships Trading Co Ltd is a diversified holding company. The company's operating segment includes Property and hospitality, Logistics, and Commercial & investment. It generates maximum revenue from the Logistics segment, which consists of shipping and land-based freight transport and related services divisions. The Property and hospitality segment consists of the hotels owned and operated by the group and also its property leasing division and Commercial and investment - which consists of commercial, head office administration function and insurance activities The group primarily operates in Papua New Guinea.