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Lowe's (BSP:LOWC34) 5-Year Yield-on-Cost % : 3.53 (As of May. 02, 2024)


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What is Lowe's 5-Year Yield-on-Cost %?

Lowe's's yield on cost for the quarter that ended in Jan. 2024 was 3.53.


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

BSP:LOWC34' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.66   Med: 4.03   Max: 7.99
Current: 3.53


During the past 13 years, Lowe's's highest Yield on Cost was 7.99. The lowest was 2.66. And the median was 4.03.


BSP:LOWC34's 5-Year Yield-on-Cost % is ranked better than
65.12% of 562 companies
in the Retail - Cyclical industry
Industry Median: 3.055 vs BSP:LOWC34: 3.53

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

For the Home Improvement Retail subindustry, Lowe's'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.


Lowe's's 5-Year Yield-on-Cost % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Lowe's 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 Lowe's is calculated as

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

Lowe's  (BSP:LOWC34) 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.


Lowe's 5-Year Yield-on-Cost % Related Terms

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Lowe's (BSP:LOWC34) Business Description

Traded in Other Exchanges
Address
1000 Lowes Boulevard, Mooresville, NC, USA, 28117
Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.

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