GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MYR Group Inc (FRA:MYP) » Definitions » 5-Year Yield-on-Cost %

MYR Group (FRA:MYP) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 06, 2024)


View and export this data going back to 2013. Start your Free Trial

What is MYR Group 5-Year Yield-on-Cost %?

MYR Group's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



FRA:MYP's 5-Year Yield-on-Cost % is not ranked *
in the Construction industry.
Industry Median: 3.255
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of MYR Group's 5-Year Yield-on-Cost %

For the Engineering & Construction subindustry, MYR 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.


MYR Group's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, MYR Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



MYR Group 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 MYR Group is calculated as

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

MYR Group  (FRA:MYP) 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.


MYR Group 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of MYR Group's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


MYR Group (FRA:MYP) Business Description

Traded in Other Exchanges
Address
12121 Grant Street, Suite 610, Thornton, CO, USA, 80241
MYR Group Inc is a U.S.-based holding company that provides specialty electrical construction services through its subsidiaries. The company operates through two segments. The transmission and distribution segment provides designing, engineering, procurement, construction, upgrade, maintenance, and repair services on transmission and distribution network and substation facilities. The commercial and industrial segment provides services such as the design, installation, maintenance, and repair of commercial and industrial wiring, installation of traffic networks, and the installation of bridges. MYR Group generates the majority of its sales from the United States and Canada.

MYR Group (FRA:MYP) Headlines

No Headlines