Magellan Aerospace (TSX:MAL) 5-Year Yield-on-Cost % : 0.42 (As of May. 06, 2024)

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What is Magellan Aerospace 5-Year Yield-on-Cost %?

Magellan Aerospace's yield on cost for the quarter that ended in Mar. 2024 was 0.42.

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

TSX:MAL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.12 Med: 0.54 Max: 2.6
Current: 0.42

During the past 13 years, Magellan Aerospace's highest Yield on Cost was 2.60. The lowest was 0.12. And the median was 0.54.

TSX:MAL's 5-Year Yield-on-Cost % is ranked worse than
81.16% of 138 companies
in the Aerospace & Defense industry
Industry Median: 1.285 vs TSX:MAL: 0.42

Competitive Comparison of Magellan Aerospace's 5-Year Yield-on-Cost %

For the Aerospace & Defense subindustry, Magellan Aerospace'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.

Magellan Aerospace's 5-Year Yield-on-Cost % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Magellan Aerospace 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 Magellan Aerospace is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Magellan Aerospace (TSX:MAL) 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.

Magellan Aerospace 5-Year Yield-on-Cost % Related Terms

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Magellan Aerospace (TSX:MAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Magellan Aerospace Corp (TSX:MAL) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

MALJF:USA 4M7A:Germany

Address

3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9

Website

https://www.magellan.aero

Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

Magellan Aerospace (TSX:MAL) Headlines

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