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Precision Drilling (Precision Drilling) 5-Year Yield-on-Cost %

: 0.00 (As of Today)
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Precision Drilling's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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


During the past 13 years, Precision Drilling's highest Yield on Cost was 7.07. The lowest was 0.00. And the median was 2.41.


PDS's 5-Year Yield-on-Cost % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.83
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison

For the Oil & Gas Drilling subindustry, Precision Drilling'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.


Precision Drilling 5-Year Yield-on-Cost % Distribution

For the Oil & Gas industry and Energy sector, Precision Drilling's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Precision Drilling 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 Precision Drilling is calculated as

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

Precision Drilling  (NYSE:PDS) 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.


Precision Drilling 5-Year Yield-on-Cost % Related Terms

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Precision Drilling (Precision Drilling) Business Description

Traded in Other Exchanges
Address
150 6th Avenue SW, Suite 4200, Calgary, AB, CAN, T2P3Y7
Precision Drilling Corpd is a provider of contract drilling and completion and production services to oil and natural gas exploration and production companies in Canada, the United States and certain international locations. Contract Drilling Services include drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. Completion and Production Services include service rigs, oilfield equipment rental, and camp and catering services.