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Performance Shipping (Performance Shipping) 5-Year Yield-on-Cost % : 0.00 (As of May. 13, 2024)


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What is Performance Shipping 5-Year Yield-on-Cost %?

Performance Shipping's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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


During the past 13 years, Performance Shipping's highest Yield on Cost was 2.35. The lowest was 1.40. And the median was 1.97.


PSHG's 5-Year Yield-on-Cost % is not ranked *
in the Transportation industry.
Industry Median: 3.51
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Performance Shipping's 5-Year Yield-on-Cost %

For the Marine Shipping subindustry, Performance Shipping'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.


Performance Shipping's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

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

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



Performance Shipping 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 Performance Shipping is calculated as

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

Performance Shipping  (NAS:PSHG) 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.


Performance Shipping 5-Year Yield-on-Cost % Related Terms

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Performance Shipping (Performance Shipping) Business Description

Traded in Other Exchanges
Address
373 Syngrou Avenue, 175 64 Palaio Faliro, Athens, GRC, 175 64
Performance Shipping Inc is a provider of shipping transportation services through its ownership of tanker vessels. The company's vessels are employed on time charters with liner companies carrying containerized cargo along various shipping routes. It owns and operates eight Aframax tanker vessels.
Executives
Gyllenhammar Ab Peter 10 percent owner LINNEGATAN 18, STOCKHOLM V7 11447