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Acerinox (WBO:ACX) 5-Year Yield-on-Cost % : 7.79 (As of Apr. 29, 2024)


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

Acerinox's yield on cost for the quarter that ended in Dec. 2023 was 7.79.


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

WBO:ACX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.53   Med: 5.55   Max: 13.19
Current: 7.79


During the past 13 years, Acerinox's highest Yield on Cost was 13.19. The lowest was 3.53. And the median was 5.55.


WBO:ACX's 5-Year Yield-on-Cost % is ranked better than
76.82% of 358 companies
in the Steel industry
Industry Median: 3.47 vs WBO:ACX: 7.79

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

For the Steel subindustry, Acerinox'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.


Acerinox's 5-Year Yield-on-Cost % Distribution in the Steel Industry

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

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



Acerinox 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 Acerinox is calculated as

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

Acerinox  (WBO:ACX) 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.


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

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Acerinox (WBO:ACX) Business Description

Industry
Traded in Other Exchanges
Address
Calle Santiago de Compostela, no. 100, Madrid, ESP, 28035
Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.

Acerinox (WBO:ACX) Headlines

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