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Lechwerke AG (FRA:LEC) 5-Year Yield-on-Cost % : 3.50 (As of May. 13, 2024)


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What is Lechwerke AG 5-Year Yield-on-Cost %?

Lechwerke AG's yield on cost for the quarter that ended in Dec. 2023 was 3.50.


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

FRA:LEC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.75   Med: 2.86   Max: 4.06
Current: 3.5


During the past 13 years, Lechwerke AG's highest Yield on Cost was 4.06. The lowest was 1.75. And the median was 2.86.


FRA:LEC's 5-Year Yield-on-Cost % is ranked worse than
63.38% of 426 companies
in the Utilities - Regulated industry
Industry Median: 4.51 vs FRA:LEC: 3.50

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

For the Utilities - Diversified subindustry, Lechwerke 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.


Lechwerke AG's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Lechwerke AG's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Lechwerke 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 Lechwerke AG is calculated as

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

Lechwerke AG  (FRA:LEC) 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.


Lechwerke AG 5-Year Yield-on-Cost % Related Terms

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Lechwerke AG (FRA:LEC) Business Description

Traded in Other Exchanges
Address
Schaezlerstrasse 3, Augsburg, DEU, 86150
Lechwerke AG is a regional energy supplier in Bavaria and parts of Baden-Wurttemberg. The company offers both electricity and gas products as well as all energy-related services such as contracting, energy certificates and energy controlling. The company also works in the field of street lighting as well as the development and implementation of energy efficiency projects and comprehensive energy concepts.

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