Ali Alghanim Sons Automotive Co KSC (KUW:ALG) 5-Year Yield-on-Cost % : 6.62 (As of May. 27, 2024)

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What is Ali Alghanim Sons Automotive Co KSC 5-Year Yield-on-Cost %?

Ali Alghanim Sons Automotive Co KSC's yield on cost for the quarter that ended in Mar. 2024 was 6.62.

The historical rank and industry rank for Ali Alghanim Sons Automotive Co KSC's 5-Year Yield-on-Cost % or its related term are showing as below:

KUW:ALG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.61 Med: 5.11 Max: 6.73
Current: 6.62

During the past 3 years, Ali Alghanim Sons Automotive Co KSC's highest Yield on Cost was 6.73. The lowest was 2.61. And the median was 5.11.

KUW:ALG's 5-Year Yield-on-Cost % is ranked better than
82.96% of 810 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs KUW:ALG: 6.62

Competitive Comparison of Ali Alghanim Sons Automotive Co KSC's 5-Year Yield-on-Cost %

For the Auto & Truck Dealerships subindustry, Ali Alghanim Sons Automotive Co KSC'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.

Ali Alghanim Sons Automotive Co KSC's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ali Alghanim Sons Automotive Co KSC's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Ali Alghanim Sons Automotive Co KSC's 5-Year Yield-on-Cost % falls into.

Ali Alghanim Sons Automotive Co KSC 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 Ali Alghanim Sons Automotive Co KSC is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Ali Alghanim Sons Automotive Co KSC (KUW:ALG) 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.

Ali Alghanim Sons Automotive Co KSC 5-Year Yield-on-Cost % Related Terms

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Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ali Alghanim Sons Automotive Co KSC (KUW:ALG) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road 55, P.O. Box 21540, Safat, Opposite Kaifan Telecommunication, Shuwaikh, KWT, 13076

Website

https://alg.com.kw

Ali Alghanim Sons Automotive Co KSC is engaged in the automotive business. The Primary Activities of the Company are selling and purchasing cars and spare parts, importing and exporting light and heavy vehicles and cars, renting cars, maintaining light & heavy vehicles and cars, trading auto spare parts, and renting equipment and their maintenance. The Group is divided into four main geographical segments which are the State of Kuwait, Iraq, Egypt and the United Arab Emirates. The majority is derived from Kuwait.