The Shyft Group's yield on cost for the quarter that ended in Dec. 2023 was 3.85.
The historical rank and industry rank for The Shyft Group's 5-Year Yield-on-Cost % or its related term are showing as below:
SHYF'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.42 Med: 2.39 Max: 8
Current: 3.85
During the past 13 years, The Shyft Group's highest Yield on Cost was 8.00. The lowest was 0.42. And the median was 2.39.
SHYF's 5-Year Yield-on-Cost % is ranked better than 67.42% of 132
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.47
vs SHYF: 3.85
Competitive Comparison of The Shyft Group's 5-Year Yield-on-Cost %
For the Farm & Heavy Construction Machinery subindustry, The Shyft Group'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.
The Shyft Group's 5-Year Yield-on-Cost % Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, The Shyft Group's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where The Shyft Group's 5-Year Yield-on-Cost % falls into.
The Shyft Group 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 The Shyft Group is calculated as
The Shyft Group (NAS:SHYF) 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.
The Shyft Group 5-Year Yield-on-Cost % Related Terms
Thank you for viewing the detailed overview of The Shyft Group's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
The Shyft Group (The Shyft Group) Business Description
The Shyft Group Inc is engaged in specialty vehicle manufacturing and assembly for the commercial vehicle (including last-mile delivery, specialty service and vocation-specific upfit segments) and recreational vehicle industries. Its products include walk-in vans, truck bodies, and cargo van and pick-up truck upfits used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, as well as luxury Class A diesel motorhome custom chassis and contract manufacturing and assembly services. It also supply replacement parts and offer repair, maintenance, field service and refurbishment services for the vehicles that company manufacture.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHYF has been successfully added to your