GURUFOCUS.COM » STOCK LIST » Technology » Software » Change Financial Ltd (ASX:CCA) » Definitions » 5-Year Yield-on-Cost %

Change Financial (ASX:CCA) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Change Financial 5-Year Yield-on-Cost %?

Change Financial's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



ASX:CCA's 5-Year Yield-on-Cost % is not ranked *
in the Software industry.
Industry Median: 2.265
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Information Technology Services subindustry, Change Financial'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.


Change Financial's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Change Financial's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Change Financial 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 Change Financial is calculated as

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

Change Financial  (ASX:CCA) 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.


Change Financial 5-Year Yield-on-Cost % Related Terms

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


Change Financial (ASX:CCA) Business Description

Traded in Other Exchanges
N/A
Address
82 Eagle Street, Level 11, Brisbane, QLD, AUS, 4000
Change Financial Ltd is a fintech company. It develops payment processors and provides mobile banking services through its mobile application. The company operates in a single segment that is the development and provision of card payments software and services. The company serves business and financial institutions.

Change Financial (ASX:CCA) Headlines