ALTG has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ALTG has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Alta Equipment Group's yield on cost for the quarter that ended in Dec. 2023 was 1.96.
The historical rank and industry rank for Alta Equipment Group's 5-Year Yield-on-Cost % or its related term are showing as below:
During the past 7 years, Alta Equipment Group's highest Yield on Cost was 2.49. The lowest was 0.43. And the median was 1.38.
For the Rental & Leasing Services subindustry, Alta Equipment Group'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.
For the Business Services industry and Industrials sector, Alta Equipment Group's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Alta Equipment Group's 5-Year Yield-on-Cost % falls into.
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 Alta Equipment Group is calculated as
Yield-on-Cost | = | Dividend Yield % | * | (1 | + | Dividend Growth Rate)^5 |
Alta Equipment Group (NYSE:ALTG) 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.
Thank you for viewing the detailed overview of Alta Equipment Group's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
Zachary E. Savas | director | 3250 W. BIG BEAVER ROAD, SUITE 544, TROY MI 48084 |
Ryan Greenawalt | director, 10 percent owner, officer: CEO, Chairman | C/O ALTA EQUIPMENT GROUP INC., 13211 MERRIMAN RD, LIVONIA MI 48150 |
Andrew P Studdert | director | PO BOX 66100 - WHQLD, CHICAGO IL 60666 |
Daniel Shribman | director | 299 PARK AVENUE, NEW YORK NY 10171 |
B. Riley Financial, Inc. | 10 percent owner | 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025 |
Brf Investments, Llc | 10 percent owner | 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025 |
Craig Brubaker | officer: Chief Operating Officer | C/O ALTA EQUIPMENT GROUP INC., 13211 MERRIMAN ROAD, LIVONIA MI 48150 |
Anthony Colucci | officer: Chief Financial Officer | C/O ALTA EQUIPMENT GROUP INC., 13211 MERRIMAN RD, LIVONIA MI 48150 |
Katherine E White | director | ONE MAIN STREET, EVANSVILLE IN 47708 |
B. Riley Principal Investments, Llc | 10 percent owner | 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025 |
James L Kempner | director | C/O LAZARD FRERES & CO. LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020 |
Bryant R Riley | director | C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367 |
Brc Partners Management Gp, Llc | 10 percent owner | 11100 SANTA MONICA BLVD SUITE 800, LOS ANGELES CA 90025 |
B. Riley Capital Management, Llc | 10 percent owner | 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025 |
Brc Partners Opportunity Fund, Lp | 10 percent owner | 11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025 |
From GuruFocus
By Business Wire Business Wire • 02-01-2023
By Marketwired • 09-28-2023
By Business Wire Business Wire • 07-26-2022
By Marketwired • 11-03-2023
By Business Wire Business Wire • 07-12-2022
By GuruFocus Research GuruFocus Editor • 05-11-2022
By Marketwired • 08-02-2023
By Business Wire Business Wire • 10-18-2022
By Marketwired • 07-25-2023
By Marketwired • 07-20-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.