GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Air Products & Chemicals Inc (FRA:AP3) » Definitions » 5-Year Yield-on-Cost %

Air Products & Chemicals (FRA:AP3) 5-Year Yield-on-Cost % : 4.88 (As of Apr. 27, 2024)


View and export this data going back to 1961. Start your Free Trial

What is Air Products & Chemicals 5-Year Yield-on-Cost %?

Air Products & Chemicals's yield on cost for the quarter that ended in Dec. 2023 was 4.88.


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

FRA:AP3' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.73   Med: 3.95   Max: 5.24
Current: 4.88


During the past 13 years, Air Products & Chemicals's highest Yield on Cost was 5.24. The lowest was 2.73. And the median was 3.95.


FRA:AP3's 5-Year Yield-on-Cost % is ranked better than
74.22% of 1055 companies
in the Chemicals industry
Industry Median: 2.37 vs FRA:AP3: 4.88

Competitive Comparison of Air Products & Chemicals's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Air Products & Chemicals'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.


Air Products & Chemicals's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Air Products & Chemicals's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Air Products & Chemicals's 5-Year Yield-on-Cost % falls into.



Air Products & Chemicals 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 Air Products & Chemicals is calculated as

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

Air Products & Chemicals  (FRA:AP3) 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.


Air Products & Chemicals 5-Year Yield-on-Cost % Related Terms

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


Air Products & Chemicals (FRA:AP3) Business Description

Address
1940 Air Products Boulevard, Allentown, PA, USA, 18106-5500
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $12.6 billion in revenue in fiscal 2023.

Air Products & Chemicals (FRA:AP3) Headlines

No Headlines