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Propel Holdings (TSX:PRL) 5-Year Yield-on-Cost % : 1.52 (As of May. 12, 2024)


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What is Propel Holdings 5-Year Yield-on-Cost %?

Propel Holdings's yield on cost for the quarter that ended in Dec. 2023 was 1.52.


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

TSX:PRL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.7   Med: 4   Max: 5.78
Current: 1.52


During the past 6 years, Propel Holdings's highest Yield on Cost was 5.78. The lowest was 0.70. And the median was 4.00.


TSX:PRL's 5-Year Yield-on-Cost % is ranked worse than
78.67% of 211 companies
in the Credit Services industry
Industry Median: 4.35 vs TSX:PRL: 1.52

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

For the Credit Services subindustry, Propel Holdings'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.


Propel Holdings's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

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

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



Propel Holdings 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 Propel Holdings is calculated as

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

Propel Holdings  (TSX:PRL) 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.


Propel Holdings 5-Year Yield-on-Cost % Related Terms

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Propel Holdings (TSX:PRL) Business Description

Traded in Other Exchanges
Address
69 Yonge Street, Suite 1500, Toronto, ON, CAN, M5E 1K3
Propel Holdings Inc is an innovative financial technology (fintech) company, committed to credit inclusion by facilitating fair, fast, and transparent access to credit through its proprietary, industry-leading online lending platform. Propel, through its operating brands, is dedicated to bringing appropriate credit solutions to consumers in Canada and the United States. All the firm's operations are conducted through its consumer-facing brands: MoneyKey, CreditFresh, and Fora.
Executives
Sheldon Saidakovsky Senior Officer
Michael Stein Director
Noah Buchman Senior Officer
Cindy Usprech Senior Officer

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