What is Patrick Industries 5-Year Yield-on-Cost %?
Patrick Industries's yield on cost for the quarter that ended in Dec. 2023 was 1.91.
The historical rank and industry rank for Patrick Industries's 5-Year Yield-on-Cost % or its related term are showing as below:
PATK'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.41 Med: 1.69 Max: 3.03
Current: 1.91
During the past 13 years, Patrick Industries's highest Yield on Cost was 3.03. The lowest was 0.41. And the median was 1.69.
PATK's 5-Year Yield-on-Cost % is ranked worse than 63.16% of 247
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.88
vs PATK: 1.91
Competitive Comparison of Patrick Industries's 5-Year Yield-on-Cost %
For the Furnishings, Fixtures & Appliances subindustry, Patrick Industries'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.
Patrick Industries's 5-Year Yield-on-Cost % Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Patrick Industries's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Patrick Industries's 5-Year Yield-on-Cost % falls into.
Patrick Industries 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.
Patrick Industries (NAS:PATK) 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.
Patrick Industries 5-Year Yield-on-Cost % Related Terms
Thank you for viewing the detailed overview of Patrick Industries's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
Patrick Industries (Patrick Industries) Business Description
Patrick Industries Inc makes and sells building products and materials for recreational vehicles and manufactured housing. The company is organized into two segments based on product type: manufacturing and distribution. The manufacturing segment, which generates the majority of revenue, sells laminated and vinyl products that include furniture, shelving, cabinets, bath fixtures, and countertops. The distribution segment sells prefinished wall and ceiling panels, as well as electrical and plumbing products for the RV and manufactured-housing industries. One of the firm's RV customers makes up a significant portion of revenue. Nearly all of Patrick Industries' revenue comes from North America.
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