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Great Ajax (Great Ajax) 5-Year Yield-on-Cost % : 8.65 (As of May. 21, 2024)


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What is Great Ajax 5-Year Yield-on-Cost %?

Great Ajax's yield on cost for the quarter that ended in Mar. 2024 was 8.65.


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

AJX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.57   Med: 5.63   Max: 18.69
Current: 8.65


During the past 10 years, Great Ajax's highest Yield on Cost was 18.69. The lowest was 1.57. And the median was 5.63.


AJX's 5-Year Yield-on-Cost % is ranked better than
64.92% of 841 companies
in the REITs industry
Industry Median: 6.89 vs AJX: 8.65

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

For the REIT - Mortgage subindustry, Great Ajax'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.


Great Ajax's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Great Ajax's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Great Ajax 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 Great Ajax is calculated as

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

Great Ajax  (NYSE:AJX) 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.


Great Ajax 5-Year Yield-on-Cost % Related Terms

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Great Ajax (Great Ajax) Business Description

Traded in Other Exchanges
Address
13190 SW 68th Parkway, Suite 110, Tigard, OR, USA, 97223
Great Ajax Corp is an externally managed real estate company. The company's primary business is acquiring, investing in and managing a portfolio of mortgage loans. It primarily targets acquisitions of re-performing loans (RPLs) including residential mortgage loans and small balance commercial mortgage loans (SBC loans). Great Ajax operates in a single segment. The company also holds real-estate owned (REO) properties acquired upon the foreclosure, other settlement of owned non-performing loans.
Executives
Mary B Doyle officer: Chief Financial Officer 9400 SW BEAVERTON-HILLSDALE HWY, SUITE 131, BEAVERTON OR 97005
Mary Haggerty director 13190 SW 68TH PARKWAY, SUITE 110, TIGARD OR 97223
Russell Schaub director, officer: PRESIDENT 9400 SW BEAVERTON-HILLSDALE HWY, SUITE 131, BEAVERTON OR 97005
Lawrence Mendelsohn director, officer: CHIEF EXECUTIVE OFFICER
Magnetar Financial Llc 10 percent owner 1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201
Magnetar Capital Partners Lp 10 percent owner 1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201
Supernova Management Llc 10 percent owner 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Alec N Litowitz 10 percent owner C/O MAGNETAR FINANCIAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Paul M Friedman director 11 DEERFIELD LANE, SCARSDALE NY 10583
Ogren John Kirk Jr director 9400 SW BEAVERTON-HILLSDALE HWY, SUITE 131, BEAVERTON OR 97005
John C Condas director 9400 SW BEAVERTON-HILLSDALE HWY, SUITE 131, BEAVERTON OR 97005
Handley Jonathan Bradford Jr director 9400 SW BEAVERTON-HILLSDALE HWY, SUITE 131, BEAVERTON OR 97005
Daniel Jay Hoffman director 9400 SW BEAVERTON-HILLSDALE HWY, SUITE 131, BEAVERTON OR 97005
Glenn J Ohl officer: CHIEF FINANCIAL OFFICER 9400 SW BEAVERTON-HILLSDALE HWY, SUITE 131, BEAVERTON OR 97005
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036