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Hertz Global Holdings (FRA:AZK) 5-Year Yield-on-Cost % : 0.00 (As of May. 21, 2024)


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What is Hertz Global Holdings 5-Year Yield-on-Cost %?

Hertz Global Holdings's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



FRA:AZK's 5-Year Yield-on-Cost % is not ranked *
in the Business Services industry.
Industry Median: 3.36
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Hertz Global Holdings's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, Hertz Global Holdings'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.


Hertz Global Holdings's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

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

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



Hertz Global Holdings 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 Hertz Global Holdings is calculated as

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

Hertz Global Holdings  (FRA:AZK) 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.


Hertz Global Holdings 5-Year Yield-on-Cost % Related Terms

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Hertz Global Holdings (FRA:AZK) Business Description

Traded in Other Exchanges
Address
8501 Williams Road, Estero, FL, USA, 33928
Hertz Global Holdings Inc operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services. The company operates a network of car rental locations and licenses its brands to associates and franchisees.

Hertz Global Holdings (FRA:AZK) Headlines

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