Nobility Homes (Nobility Homes) 5-Year Yield-on-Cost %

: 22.31 (As of Today)

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Nobility Homes's yield on cost for the quarter that ended in Jul. 2023 was 22.31.

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

NOBH' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.02 Med: 25.17 Max: 42.93
Current: 22.31

During the past 13 years, Nobility Homes's highest Yield on Cost was 42.93. The lowest was 5.02. And the median was 25.17.

NOBH's 5-Year Yield-on-Cost % is ranked better than
93.55% of 62 companies
in the Homebuilding & Construction industry
Industry Median: 3.895 vs NOBH: 22.31

Competitive Comparison

For the Residential Construction subindustry, Nobility Homes'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.

Nobility Homes 5-Year Yield-on-Cost % Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Nobility Homes's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Nobility Homes 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 Nobility Homes is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Nobility Homes (OTCPK:NOBH) 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.

Nobility Homes 5-Year Yield-on-Cost % Related Terms

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Nobility Homes (Nobility Homes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Nobility Homes Inc (OTCPK:NOBH) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3741 South west 7th Street, Ocala, FL, USA, 34474

Website

http://www.nobilityhomes.com

Nobility Homes Inc focuses on designing, manufacturing, and selling manufactured and modular homes through its own retail sales centers across Florida. It also sells its manufactured homes on a wholesale basis to independent manufactured home retail dealers and manufactured home communities. The company's homes are sold as unfurnished dwellings ready for permanent occupancy. The company recognizes revenue from retail sales of new manufactured homes, the sale of the repurchased homes upon transfer of title to the new purchaser, and revenues from its independent dealers.

Executives

Terry Earl Trexler	director, 10 percent owner, officer: President and CEO	P O BOX 240, JACKSONVILLE FL 32201
Terry E. Trexler Revocable Trust	10 percent owner	3741 S.W. 7TH STREET, OCALA FL 34474
Thomas W Trexler	director, officer: Executive Vice President
Terry E. Trexler Irrevocable Trust	10 percent owner	222 SOUTH PENNSYLVANIA AVE., SUITE 200, WINTER PARK FL 32789
Kay Charlton	10 percent owner	222 SOUTH PENNSYLVANIA AVE., SUITE 200, WINTER PARK FL 32789
Lynn J Cramer	officer: Treasurer (Chief Acctg. Off.)
Jean Etheredge	officer: Secretary
Edward C Sims	officer: Vice President