GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Ship Lease Inc (NYSE:GSLpB.PFD) » Definitions » 5-Year Yield-on-Cost %

Global Ship Lease (Global Ship Lease) 5-Year Yield-on-Cost % : 8.52 (As of Apr. 25, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Global Ship Lease 5-Year Yield-on-Cost %?

Global Ship Lease's yield on cost for the quarter that ended in Dec. 2023 was 8.52.


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

GSLpB.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.02   Med: 7.17   Max: 17.54
Current: 8.52


During the past 13 years, Global Ship Lease's highest Yield on Cost was 17.54. The lowest was 1.02. And the median was 7.17.


GSLpB.PFD's 5-Year Yield-on-Cost % is ranked better than
80.24% of 587 companies
in the Business Services industry
Industry Median: 3.57 vs GSLpB.PFD: 8.52

Competitive Comparison of Global Ship Lease's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, Global Ship Lease'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.


Global Ship Lease's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Ship Lease's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Global Ship Lease's 5-Year Yield-on-Cost % falls into.



Global Ship Lease 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 Global Ship Lease is calculated as

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

Global Ship Lease  (NYSE:GSLpB.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.


Global Ship Lease 5-Year Yield-on-Cost % Related Terms

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


Global Ship Lease (Global Ship Lease) Business Description

Traded in Other Exchanges
Address
25 Wilton Road, London, GBR, SW1V 1LW
Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to MAERSK. Its fleet consisted of more than 60 containerships.