Oceania Healthcare (NZSE:OCA) 5-Year Yield-on-Cost % : 2.36 (As of May. 16, 2024)

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What is Oceania Healthcare 5-Year Yield-on-Cost %?

Oceania Healthcare's yield on cost for the quarter that ended in Sep. 2023 was 2.36.

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

NZSE:OCA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.74 Med: 4.29 Max: 9.22
Current: 2.36

During the past 6 years, Oceania Healthcare's highest Yield on Cost was 9.22. The lowest was 1.74. And the median was 4.29.

NZSE:OCA's 5-Year Yield-on-Cost % is ranked better than
50% of 260 companies
in the Healthcare Providers & Services industry
Industry Median: 2.36 vs NZSE:OCA: 2.36

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

For the Medical Care Facilities subindustry, Oceania Healthcare'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.

Oceania Healthcare's 5-Year Yield-on-Cost % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Oceania Healthcare's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Oceania Healthcare 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 Oceania Healthcare is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Oceania Healthcare (NZSE:OCA) 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.

Oceania Healthcare 5-Year Yield-on-Cost % Related Terms

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Oceania Healthcare (NZSE:OCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Oceania Healthcare Ltd (NZSE:OCA) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

OCA:Australia

Address

80 Queen Street, Level 11, Deloitte Building, Auckland, NTL, NZL, 1010

Website

https://www.oceaniahealthcare.co.nz

Oceania Healthcare Ltd owns and operates rest homes and retirement villages. The business activities of the group are operated through care operations, village operations, and Other segments. It generates maximum revenue from the care operations segment which includes traditional care beds and care suites as well as provision of accommodation, care and care packages, meals, and related services to aged care residents. Geographically it operates through New Zealand. The company derives revenue from Rest home, hospital, dementia fees, Village service fees, Rental income, and others.