Ardmore Shipping (Ardmore Shipping) 5-Year Yield-on-Cost %

: 5.87 (As of Today)

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Ardmore Shipping's yield on cost for the quarter that ended in Dec. 2023 was 5.87.

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

ASC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.44 Med: 3.45 Max: 12.91
Current: 5.87

During the past 13 years, Ardmore Shipping's highest Yield on Cost was 12.91. The lowest was 0.44. And the median was 3.45.

ASC's 5-Year Yield-on-Cost % is ranked better than
69.71% of 624 companies
in the Transportation industry
Industry Median: 3.51 vs ASC: 5.87

Competitive Comparison

For the Marine Shipping subindustry, Ardmore 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.

Ardmore Shipping 5-Year Yield-on-Cost % Distribution

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

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

Ardmore 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 Ardmore Shipping is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Ardmore Shipping (NYSE:ASC) 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.

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

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Ardmore Shipping (Ardmore Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ardmore Shipping Corp (NYSE:ASC) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

A61:Germany A61:Germany

Address

69 Pitts Bay Road, Belvedere Building, Ground Floor, Pembroke, Hamilton, BMU, HM08

Website

https://www.ardmoreshipping.com

Ardmore Shipping Corp owns and operates a fleet of mid-size product and chemical tankers, which provide seaborne transportation of petroleum products and chemicals across the globe. The company is focused on fuel efficiency and cost leadership, and it provides its shipping services to customers through voyage charters, commercial pools, and time charters. Its main customers are oil majors, national oil companies, oil and chemical traders, and chemical companies.