BOC Aviation (HKSE:02588) 5-Year Yield-on-Cost % : 2.93 (As of Apr. 29, 2024)

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What is BOC Aviation 5-Year Yield-on-Cost %?

BOC Aviation's yield on cost for the quarter that ended in Dec. 2023 was 2.93.

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

HKSE:02588' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.88 Med: 2.83 Max: 5.01
Current: 2.93

During the past 12 years, BOC Aviation's highest Yield on Cost was 5.01. The lowest was 0.88. And the median was 2.83.

HKSE:02588's 5-Year Yield-on-Cost % is ranked worse than
59.56% of 586 companies
in the Business Services industry
Industry Median: 3.565 vs HKSE:02588: 2.93

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

For the Rental & Leasing Services subindustry, BOC Aviation'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.

BOC Aviation's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BOC Aviation's 5-Year Yield-on-Cost % distribution charts can be found below:

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

BOC Aviation 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 BOC Aviation is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

BOC Aviation (HKSE:02588) 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.

BOC Aviation 5-Year Yield-on-Cost % Related Terms

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BOC Aviation (HKSE:02588) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BOC Aviation Ltd (HKSE:02588) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

BCVVF:USA

Address

79 Robinson Road, No. 15-01, Singapore, SGP, 068897

Website

https://www.bocaviation.com

BOC Aviation is the world's fifth-largest aircraft leasing company by net book value of owned aircraft, with a portfolio of more than 600 commercial passenger and cargo aircraft. The company was founded in 1993 in Singapore as a joint venture between Singapore Airlines and U.S.-based Boullioun Aviation Services. In 2006, the company was acquired by the Bank of China and took on its current name. Listed on the Stock Exchange of Hong Kong in 2016, BOC Aviation remains headquartered in Singapore, but has operations in Dublin, London, New York, and Tianjin. Bank of China remains its largest shareholder with a 70% stake. BOC Aviation has an international management team with its key leaders having more than 30 years of experience in the aircraft and leasing business.

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