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NAOS Absolute Opportunities Co (ASX:NAC) 5-Year Yield-on-Cost % : 10.86 (As of May. 19, 2024)


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What is NAOS Absolute Opportunities Co 5-Year Yield-on-Cost %?

NAOS Absolute Opportunities Co's yield on cost for the quarter that ended in Dec. 2023 was 10.86.


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

ASX:NAC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.63   Med: 5.12   Max: 10.86
Current: 10.86


During the past 9 years, NAOS Absolute Opportunities Co's highest Yield on Cost was 10.86. The lowest was 3.63. And the median was 5.12.


ASX:NAC's 5-Year Yield-on-Cost % is ranked better than
81.77% of 1212 companies
in the Asset Management industry
Industry Median: 5.895 vs ASX:NAC: 10.86

Competitive Comparison of NAOS Absolute Opportunities Co's 5-Year Yield-on-Cost %

For the Asset Management subindustry, NAOS Absolute Opportunities Co'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.


NAOS Absolute Opportunities Co's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NAOS Absolute Opportunities Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where NAOS Absolute Opportunities Co's 5-Year Yield-on-Cost % falls into.



NAOS Absolute Opportunities Co 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 NAOS Absolute Opportunities Co is calculated as

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

NAOS Absolute Opportunities Co  (ASX:NAC) 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.


NAOS Absolute Opportunities Co 5-Year Yield-on-Cost % Related Terms

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NAOS Absolute Opportunities Co (ASX:NAC) Business Description

Traded in Other Exchanges
N/A
Address
25 Martin Place, Level 34, MLC Centre, Sydney, NSW, AUS, 2000
NAOS Absolute Opportunities Co Ltd is an investment company. The company invests in mid-cap listed equities through a long-biased structure with a long-term value focus that can produce positive absolute returns. It operates in Australia and derives revenue from dividend income, interest income and from the investment portfolio.