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Iridium Communications (Iridium Communications) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 28, 2024)


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What is Iridium Communications 5-Year Yield-on-Cost %?

Iridium Communications's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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


During the past 13 years, Iridium Communications's highest Yield on Cost was 2.11. The lowest was 0.19. And the median was 0.92.


IRDMB.PFD's 5-Year Yield-on-Cost % is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.555
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Telecom Services subindustry, Iridium Communications'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.


Iridium Communications's 5-Year Yield-on-Cost % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Iridium Communications's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Iridium Communications 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 Iridium Communications is calculated as

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

Iridium Communications  (NAS:IRDMB.PFD) 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.


Iridium Communications 5-Year Yield-on-Cost % Related Terms

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Iridium Communications (Iridium Communications) Business Description

Traded in Other Exchanges
Address
1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102
Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Reaching across land, sea, and air, including the polar regions, Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world.