GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Martin Marietta Materials Inc (BSP:M1LM34) » Definitions » 5-Year Yield-on-Cost %

Martin Marietta Materials (BSP:M1LM34) 5-Year Yield-on-Cost % : 0.00 (As of May. 02, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Martin Marietta Materials 5-Year Yield-on-Cost %?

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


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


During the past 13 years, Martin Marietta Materials's highest Yield on Cost was 2.52. The lowest was 0.69. And the median was 1.22.


BSP:M1LM34's 5-Year Yield-on-Cost % is not ranked *
in the Building Materials industry.
Industry Median: 3.69
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Martin Marietta Materials's 5-Year Yield-on-Cost %

For the Building Materials subindustry, Martin Marietta Materials'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.


Martin Marietta Materials's 5-Year Yield-on-Cost % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Martin Marietta Materials 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 Martin Marietta Materials is calculated as

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

Martin Marietta Materials  (BSP:M1LM34) 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.


Martin Marietta Materials 5-Year Yield-on-Cost % Related Terms

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


Martin Marietta Materials (BSP:M1LM34) Business Description

Traded in Other Exchanges
Address
4123 Parklake Avenue, Raleigh, NC, USA, 27612
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2022, Martin Marietta sold 207 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.

Martin Marietta Materials (BSP:M1LM34) Headlines

No Headlines