GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Golden Entertainment Inc (FRA:GE6) » Definitions » 5-Year Yield-on-Cost %

Golden Entertainment (FRA:GE6) 5-Year Yield-on-Cost % : 0.73 (As of Apr. 28, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Golden Entertainment 5-Year Yield-on-Cost %?

Golden Entertainment's yield on cost for the quarter that ended in Dec. 2023 was 0.73.


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

FRA:GE6' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.76
Current: 0.73


During the past 13 years, Golden Entertainment's highest Yield on Cost was 0.76. The lowest was 0.00. And the median was 0.00.


FRA:GE6's 5-Year Yield-on-Cost % is ranked worse than
80.84% of 334 companies
in the Travel & Leisure industry
Industry Median: 2.41 vs FRA:GE6: 0.73

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

For the Resorts & Casinos subindustry, Golden Entertainment'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.


Golden Entertainment's 5-Year Yield-on-Cost % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Golden Entertainment's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Golden Entertainment 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 Golden Entertainment is calculated as

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

Golden Entertainment  (FRA:GE6) 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.


Golden Entertainment 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Golden Entertainment's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden Entertainment (FRA:GE6) Business Description

Traded in Other Exchanges
Address
6595 S Jones Boulevard, Las Vegas, NV, USA, 89118
Golden Entertainment Inc is a us-based company that focuses on distributed gaming, casino, and resort operations. Its reportable segments are Nevada Casino Resorts, Nevada Locals Casinos, Maryland Casino Resort, and Distributed Gaming. It derives key revenue from the Nevada Casino Resorts and Distributed Gaming segments. Nevada Casino Resorts is comprised of destination casino resort properties offering a variety of food and beverage outlets, entertainment venues, and other amenities. Distributed Gaming segment is comprised of the operation of slot machines and amusement devices in non-casino locations across Nevada and Montana, with a limited number of slot machines in each location, as well as the operation of branded taverns.

Golden Entertainment (FRA:GE6) Headlines

No Headlines