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Patterson (FRA:PD2) 5-Year Yield-on-Cost % : 4.02 (As of May. 11, 2024)


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What is Patterson 5-Year Yield-on-Cost %?

Patterson's yield on cost for the quarter that ended in Jan. 2024 was 4.02.


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

FRA:PD2' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.42   Med: 3.24   Max: 7.72
Current: 4.02


During the past 13 years, Patterson's highest Yield on Cost was 7.72. The lowest was 1.42. And the median was 3.24.


FRA:PD2's 5-Year Yield-on-Cost % is ranked better than
58.73% of 63 companies
in the Medical Distribution industry
Industry Median: 3.43 vs FRA:PD2: 4.02

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

For the Medical Distribution subindustry, Patterson'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.


Patterson's 5-Year Yield-on-Cost % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Patterson's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Patterson 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 Patterson is calculated as

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

Patterson  (FRA:PD2) 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.


Patterson 5-Year Yield-on-Cost % Related Terms

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Patterson (FRA:PD2) Business Description

Traded in Other Exchanges
Address
1031 Mendota Heights Road, Saint Paul, MN, USA, 55120
Patterson Companies Inc is a leading dental distributor and wholesaler of consumable products and equipment operating through two business segments, Patterson Dental, and Patterson Animal Health. The company's segment includes Dental, Animal Health, and Corporate. It generates maximum revenue from the Animal Health segment. Geographically, it derives a majority of its revenue from the United States.

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