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Alcon (ALC) 5-Year Yield-on-Cost %

: 0.30 (As of Today)
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Alcon's yield on cost for the quarter that ended in Dec. 2023 was 0.30.


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

ALC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.12   Med: 0.28   Max: 0.35
Current: 0.3


During the past 8 years, Alcon's highest Yield on Cost was 0.35. The lowest was 0.12. And the median was 0.28.


ALC's 5-Year Yield-on-Cost % is ranked worse than
94.19% of 310 companies
in the Medical Devices & Instruments industry
Industry Median: 2.245 vs ALC: 0.30

Competitive Comparison

For the Medical Instruments & Supplies subindustry, Alcon'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.


Alcon 5-Year Yield-on-Cost % Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Alcon's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Alcon 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 Alcon is calculated as

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

Alcon  (NYSE:ALC) 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.


Alcon 5-Year Yield-on-Cost % Related Terms

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Alcon (ALC) Business Description

Traded in Other Exchanges
Address
Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, CHE, 1214
Alcon is one of the leading visioncare companies in the world. Following nine years as a Novartis subsidiary, it was spun off as a public company in April 2019. Alcon operates in two segments: visioncare and surgical. Visioncare comprises contact lenses, lenscare solutions, and a suite of ocular health products. With brands like Dailies, Total1, and Air Optix, Alcon controls one fourth of the U.S. contact lens market. Surgical comprises intraocular lenses, ophthalmic surgical equipment, and consumables used during surgeries. Its main products include Centurion, a phacoemulsification device used during cataract surgeries, and a portfolio of IOLs including PanOptix and Vivity. Alcon has one of the largest installed bases of eye surgical equipment in the world.