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Laboratory of America Holdings (BSP:L1CA34) 5-Year Yield-on-Cost % : 1.18 (As of Apr. 29, 2024)


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What is Laboratory of America Holdings 5-Year Yield-on-Cost %?

Laboratory of America Holdings's yield on cost for the quarter that ended in Mar. 2024 was 1.18.


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

BSP:L1CA34' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.32   Med: 1.31   Max: 1.56
Current: 1.18


During the past 13 years, Laboratory of America Holdings's highest Yield on Cost was 1.56. The lowest was 0.32. And the median was 1.31.


BSP:L1CA34's 5-Year Yield-on-Cost % is ranked worse than
64.86% of 74 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.38 vs BSP:L1CA34: 1.18

Competitive Comparison of Laboratory of America Holdings's 5-Year Yield-on-Cost %

For the Diagnostics & Research subindustry, Laboratory of America Holdings'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.


Laboratory of America Holdings's 5-Year Yield-on-Cost % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Laboratory of America Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Laboratory of America Holdings's 5-Year Yield-on-Cost % falls into.



Laboratory of America Holdings 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 Laboratory of America Holdings is calculated as

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

Laboratory of America Holdings  (BSP:L1CA34) 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.


Laboratory of America Holdings 5-Year Yield-on-Cost % Related Terms

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Laboratory of America Holdings (BSP:L1CA34) Business Description

Traded in Other Exchanges
Address
358 South Main Street, Burlington, NC, USA, 27215
Laboratory Corp. of America is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.

Laboratory of America Holdings (BSP:L1CA34) Headlines

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