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Evonik Industries AG (WBO:EVK) 5-Year Yield-on-Cost %

: 6.19 (As of Today)
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Evonik Industries AG's yield on cost for the quarter that ended in Dec. 2023 was 6.19.


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

WBO:EVK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.35   Med: 4.21   Max: 7.27
Current: 6.19


During the past 13 years, Evonik Industries AG's highest Yield on Cost was 7.27. The lowest was 2.35. And the median was 4.21.


WBO:EVK's 5-Year Yield-on-Cost % is ranked better than
81.35% of 1051 companies
in the Chemicals industry
Industry Median: 2.39 vs WBO:EVK: 6.19

Competitive Comparison

For the Specialty Chemicals subindustry, Evonik Industries AG'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.


Evonik Industries AG 5-Year Yield-on-Cost % Distribution

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

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



Evonik Industries AG 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 Evonik Industries AG is calculated as

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

Evonik Industries AG  (WBO:EVK) 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.


Evonik Industries AG 5-Year Yield-on-Cost % Related Terms

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Evonik Industries AG (WBO:EVK) Business Description

Address
Rellinghauser Strasse 1-11, Essen, NW, DEU, 45128
Evonik Industries is a German chemical company offering a mix of speciality and commodity chemical products. It has a number-one to -three market position in 80% of its businesses. Around 45% of sales are generated in Europe, while the key markets of North America and Asia account for 25% and 20% of sales, respectively. The company is organized into four major segments: specialty additives, smart materials, nutrition and care, and performance materials.

Evonik Industries AG (WBO:EVK) Headlines

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