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Smith-Midland (Smith-Midland) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 27, 2024)


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What is Smith-Midland 5-Year Yield-on-Cost %?

Smith-Midland's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


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


During the past 13 years, Smith-Midland's highest Yield on Cost was 0.92. The lowest was 0.00. And the median was 0.72.


SMID's 5-Year Yield-on-Cost % is not ranked *
in the Building Materials industry.
Industry Median: 3.735
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Smith-Midland's 5-Year Yield-on-Cost %

For the Building Materials subindustry, Smith-Midland'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.


Smith-Midland's 5-Year Yield-on-Cost % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Smith-Midland's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Smith-Midland 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 Smith-Midland is calculated as

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

Smith-Midland  (NAS:SMID) 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.


Smith-Midland 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Smith-Midland's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Smith-Midland (Smith-Midland) Business Description

Traded in Other Exchanges
N/A
Address
5119 Catlett Road, P.O. Box 300, Midland, VA, USA, 22728
Smith-Midland Corp through its subsidiaries invents, develops, manufactures, markets sells and installs precast concrete products for primary use in the construction, highway, utilities and farming industries. The firm's customers are general contractors and federal, state and local transportation authorities. Its products include Slenderwall, JJhooks, Softsound, Sierra wall and Easi set. A substantial portion of the company's business is derived from local, state and federal building projects. The company generates revenues primarily from the sale, leasing, licensing, shipping, and installation of precast concrete products for the construction, utility and farming industries.
Executives
Wesley A Taylor director, officer: Vice President C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Stephanie Poe officer: Chief Financial Officer 5119 CATLETT ROAD, MIDLAND VA 22728
Ashley B Smith director, officer: Vice President C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Rodney I Smith director, officer: Chief Executive Officer C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Adam Jay Krick officer: Chief Financial Officer 5119 CATLETT ROAD, MIDLAND VA 22728
James Russell Bruner director 5119 CATLETT ROAD, MIDLAND VA 22728
Richard Gerhardt director 5229 CATLETT ROAD, MIDLAND VA 20728
Russell Frederick L. Jr. 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Partners, Llc 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Partners Ii, Llc 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Ii, Lp 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Tall Cotton Partners, Llc 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Gerhard E Borst director 5119 CATLETT ROAD, MIDLAND VA 22728
David W Wright 10 percent owner
Canine Partners Llc 10 percent owner 255 SO 17TH ST, SUITE 2501, PHILADELPHIA PA 19103