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Sparta Commercial Services (Sparta Commercial Services) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 06, 2024)


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What is Sparta Commercial Services 5-Year Yield-on-Cost %?

Sparta Commercial Services's yield on cost for the quarter that ended in Jan. 2024 was 0.00.


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



SRCO's 5-Year Yield-on-Cost % is not ranked *
in the Software industry.
Industry Median: 2.285
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Sparta Commercial Services's 5-Year Yield-on-Cost %

For the Software - Application subindustry, Sparta Commercial Services'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.


Sparta Commercial Services's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Sparta Commercial Services's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Sparta Commercial Services 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 Sparta Commercial Services is calculated as

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

Sparta Commercial Services  (OTCPK:SRCO) 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.


Sparta Commercial Services 5-Year Yield-on-Cost % Related Terms

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


Sparta Commercial Services (Sparta Commercial Services) Business Description

Traded in Other Exchanges
N/A
Address
555 Fifth Avenue, 14th Floor, New York, NY, USA, 10017
Sparta Commercial Services Inc through its subsidiaries offers technology products and services. The company develops, manages, and markets its business mobile applications for smartphones and tablets. Its mobile application offerings range from racetracks, private clubs, country clubs, restaurants, and grocery stores. The company serves small and medium-size businesses under the tradename iMobileApp. It generates maximum revenue from the application source.
Executives
Jeffrey Buchanan Bean director 325 COTTON AVENUE, MACON GA 31201
Anthony L Havens director, officer: CEO 555 FIFTH AVE., 14TH FLOOR, NEW YORK NY 10017
Sandra L Ahman director, officer: VP 555 FIFTH AVE, 14TH FLOOR, NEW YORK NY 10017
Kristian Srb director, 10 percent owner 555 FIFTH AVE., 14TH FLOOR, NEW YORK NY 10017
Richard P Trotter officer: COO 370 LEXINGTON AVE., SUITE 1901, NEW YORK NY 10017
Anthony William Adler officer: EVP 462 SEVENTH AVENUE, 20TH FLOOR, NEW YORK NY 10018
Leo Long other: 8.85% OWNER 9109 LORIET BLVD., LENEXA KS 66219
Glenn Little other: 5% Owner 211 WEST WALL ST, MIDLAND TX 70701
Michael J Mele officer: Chief Financial Officer 462 SEVENTH AVE, 20TH FL., C/O SPARTA COMMERCIAL SERVICES, INC., NEW YORK NY 10018
Danny Lanjewar officer: Chief Financial Officer