KONE Oyj (KONE Oyj) 5-Year Yield-on-Cost % : 4.63 (As of Apr. 26, 2024)

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What is KONE Oyj 5-Year Yield-on-Cost %?

KONE Oyj's yield on cost for the quarter that ended in Mar. 2024 was 4.63.

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

KNYJF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.41 Med: 3.51 Max: 4.9
Current: 4.63

During the past 13 years, KONE Oyj's highest Yield on Cost was 4.90. The lowest was 2.41. And the median was 3.51.

KNYJF's 5-Year Yield-on-Cost % is ranked better than
74.46% of 1852 companies
in the Industrial Products industry
Industry Median: 2.06 vs KNYJF: 4.63

Competitive Comparison of KONE Oyj's 5-Year Yield-on-Cost %

For the Specialty Industrial Machinery subindustry, KONE Oyj'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.

KONE Oyj's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KONE Oyj's 5-Year Yield-on-Cost % distribution charts can be found below:

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

KONE Oyj 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 KONE Oyj is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

KONE Oyj (OTCPK:KNYJF) 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.

KONE Oyj 5-Year Yield-on-Cost % Related Terms

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KONE Oyj (KONE Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KONE Oyj (OTCPK:KNYJF) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

KNYJY:USA 1KNEBV:Italy KNEBVh:UK 0II2:UK KNEBV:Finland KC4:Germany

Address

Keilasatama 3, P.O. Box 7, Espoo, FIN, FI-02150

Website

https://www.kone.com

Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.