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NEXTracker (NEXTracker) 5-Year Yield-on-Cost % : 0.00 (As of May. 26, 2024)


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

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


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



NXT's 5-Year Yield-on-Cost % is not ranked *
in the Semiconductors industry.
Industry Median: 1.795
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Solar subindustry, NEXTracker'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.


NEXTracker's 5-Year Yield-on-Cost % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, NEXTracker's 5-Year Yield-on-Cost % distribution charts can be found below:

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



NEXTracker 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 NEXTracker is calculated as

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

NEXTracker  (NAS:NXT) 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.


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

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


NEXTracker (NEXTracker) Business Description

Traded in Other Exchanges
N/A
Address
6200 Paseo Padre Parkway, Fremont, CA, USA, 94555
NEXTracker Inc provides integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed solar generation projects worldwide. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. It generates revenue from selling solar trackers, such as NX Horizon and NX Gemini, and from licensing TrueCapture software products.
Executives
Daniel S Shugar director, officer: Chief Executive Officer 3939 NORTH FIRST STREET, SAN JOSE CA 95134
Leah Schlesinger officer: GC, Ch Eth & Compl Off'r & Sec 6200 PASEO PADRE PARKWAY, FREMONT CA 94555
William D Watkins director P O BOX 8, SAINT PETERS MO 63376
Charles D Boynton director
Flex Ltd. 10 percent owner 2 CHANGI SOUTH LANE, SINGAPORE U0 486123
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Kyra Lynn Whitten director 17465 RINGEL DRIVE, MORGAN HILL CA 95037
Brandi Elizabeth Thomas director C/O NEXTRACKER HQ, 6200 PASEO PADRE PKWY, FREMONT CA 94555
Howard Wenger officer: President 3939 NORTH FIRST STREET, SAN JOSE CA 95134
Nicholas Marco Miller officer: Chief Operating Officer 6200 PASEO PADRE PARKWAY, FREMONT CA 94555
Bruce Ledesma officer: Pres, Strat'y, Software & Admn 3939 NORTH FIRST STREET, SAN JOSE CA 95134
David P Bennett officer: Chief Financial Officer 3616 NICOLE AVE, PLEASANTON CA 94588
Willy C Shih director 343 STATE STREET, ROCHESTER NY 146500211
Michael P Hartung director 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Steven B. Mandel director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102