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Onex (TSX:ONEX) 5-Year Yield-on-Cost % : 0.40 (As of Apr. 26, 2024)


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What is Onex 5-Year Yield-on-Cost %?

Onex's yield on cost for the quarter that ended in Dec. 2023 was 0.40.


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

TSX:ONEX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.15   Med: 0.38   Max: 0.91
Current: 0.4


During the past 13 years, Onex's highest Yield on Cost was 0.91. The lowest was 0.15. And the median was 0.38.


TSX:ONEX's 5-Year Yield-on-Cost % is ranked worse than
97.69% of 1214 companies
in the Asset Management industry
Industry Median: 6.005 vs TSX:ONEX: 0.40

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

For the Asset Management subindustry, Onex'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.


Onex's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Onex's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Onex 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 Onex is calculated as

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

Onex  (TSX:ONEX) 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.


Onex 5-Year Yield-on-Cost % Related Terms

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Onex (TSX:ONEX) Business Description

Traded in Other Exchanges
Address
161 Bay Street, 49th Floor, P.O. Box 700, Toronto, ON, CAN, M5J 2S5
Onex Corporation is a private equity investor and asset management firm. The company operates in two reportable segments: investing, which comprises the activity of investing Onex' capital and asset management, which comprises the asset management activities provided by Onex to support its private equity and Credit strategies, as well as Onex's corporate functions. The majority of the company's revenue is generated through the investing segment.

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