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H&E Equipment Services (H&E Equipment Services) 5-Year Yield-on-Cost % : 1.87 (As of Apr. 27, 2024)


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What is H&E Equipment Services 5-Year Yield-on-Cost %?

H&E Equipment Services's yield on cost for the quarter that ended in Dec. 2023 was 1.87.


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

HEES' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.64   Med: 3.47   Max: 9.95
Current: 1.87


During the past 13 years, H&E Equipment Services's highest Yield on Cost was 9.95. The lowest was 0.64. And the median was 3.47.


HEES's 5-Year Yield-on-Cost % is ranked worse than
75.98% of 587 companies
in the Business Services industry
Industry Median: 3.57 vs HEES: 1.87

Competitive Comparison of H&E Equipment Services's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, H&E Equipment Services'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.


H&E Equipment Services's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, H&E Equipment Services's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where H&E Equipment Services's 5-Year Yield-on-Cost % falls into.



H&E Equipment Services 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 H&E Equipment Services is calculated as

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

H&E Equipment Services  (NAS:HEES) 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.


H&E Equipment Services 5-Year Yield-on-Cost % Related Terms

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H&E Equipment Services (H&E Equipment Services) Business Description

Traded in Other Exchanges
Address
7500 Pecue Lane, Baton Rouge, LA, USA, 70809
H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. The majority of its revenue is derived from the equipment rentals segment.
Executives
Suzanne H Wood director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
John Mcdowell Engquist officer: President & COO 7500 PECUE LANE, BATON ROUGE LA 70809
Gary W Bagley director H&E EQUIPMENT SERVICES, 4899 WEST 2100 SOUTH, SALT LAKE CITY UT 84120
Jacob Thomas director 840 CRESCENT CENTRE DR, STE 600, FRANKLIN TN 37067
Paul Arnold director C/O CORT BUSINESS SERVICE CORP, 4401 FAIR LAKES COURT, FAIRFAX VA 22033
Bradley W Barber director, officer: CEO & President H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Patrick Edsell director
Lawrence C Karlson director C/O CDI CORP., 1717 ARCH ST 35TH FLOOR, PHILADELPHIA PA 19103-2768
John Sawyer director PENHALL CO., 1801 PENHALL WAY/ POB 4609, ANAHEIM CA 92803
Thompson Mary Patricia B director 651 S. STRATFORD DRIVE, SUITE 100, MERIDIAN ID 83642
Bruce Bruckmann director C/O MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703
John Engquist director, 10 percent owner, officer: CEO & President H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Leslie S Magee officer: CFO & Secretary H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
John D Jones officer: V.P., Product Support H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
William W Fox officer: V.P., Cranes & Earthmoving H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816

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