GURUFOCUS.COM » STOCK LIST » Technology » Software » Spirent Communications PLC (OTCPK:SPNUF) » Definitions » 5-Year Yield-on-Cost %

Spirent Communications (Spirent Communications) 5-Year Yield-on-Cost % : 6.16 (As of Apr. 25, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Spirent Communications 5-Year Yield-on-Cost %?

Spirent Communications's yield on cost for the quarter that ended in Dec. 2023 was 6.16.


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

SPNUF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.26   Med: 4.57   Max: 12.24
Current: 6.16


During the past 13 years, Spirent Communications's highest Yield on Cost was 12.24. The lowest was 2.26. And the median was 4.57.


SPNUF's 5-Year Yield-on-Cost % is ranked better than
82.23% of 934 companies
in the Software industry
Industry Median: 2.235 vs SPNUF: 6.16

Competitive Comparison of Spirent Communications's 5-Year Yield-on-Cost %

For the Software - Infrastructure subindustry, Spirent Communications'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.


Spirent Communications's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Spirent Communications's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Spirent Communications 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 Spirent Communications is calculated as

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

Spirent Communications  (OTCPK:SPNUF) 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.


Spirent Communications 5-Year Yield-on-Cost % Related Terms

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


Spirent Communications (Spirent Communications) Business Description

Traded in Other Exchanges
Address
108 High Street, Origin One, Crawley, West Sussex, GBR, RH10 1BD
Spirent Communications PLC provides communications technologies including networks, data centers, enterprise IT, mobile communications, connected vehicles or the Internet of Things. The company operates in Networks and Security and Lifecycle Service Assurance segments. The majority of the revenue is derived from the Networks and Security segment that comprises Cloud IP, Application Security and Positioning lines of business with the aim of addressing the needs of the lab test market for Ethernet, Virtual, Data Center, applications test and timing for critical infrastructure.