GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Nabors Industries Ltd (NYSE:NBRpA.PFD) » Definitions » 5-Year Yield-on-Cost %

Nabors Industries (Nabors Industries) 5-Year Yield-on-Cost % : 26.04 (As of May. 12, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Nabors Industries 5-Year Yield-on-Cost %?

Nabors Industries's yield on cost for the quarter that ended in Mar. 2024 was 26.04.


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

NBRpA.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 2.47   Max: 15.13
Current: 26.04


During the past 13 years, Nabors Industries's highest Yield on Cost was 15.13. The lowest was 0.00. And the median was 2.47.


NBRpA.PFD's 5-Year Yield-on-Cost % is not ranked
in the Oil & Gas industry.
Industry Median: 4.77 vs NBRpA.PFD: 26.04

Competitive Comparison of Nabors Industries's 5-Year Yield-on-Cost %

For the Oil & Gas Drilling subindustry, Nabors Industries'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.


Nabors Industries's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Nabors Industries's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Nabors Industries 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 Nabors Industries is calculated as

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

Nabors Industries  (NYSE:NBRpA.PFD) 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.


Nabors Industries 5-Year Yield-on-Cost % Related Terms

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


Nabors Industries (Nabors Industries) Business Description

Traded in Other Exchanges
Address
4 Par-la-Ville Road, Crown House, Second Floor, Hamilton, BMU, HM 08
Nabors Industries Ltd owns and operates one of the world's largest land-based drilling rig fleets and is a provider of offshore platform rigs in the United States and international markets. It also provides performance tools, directional drilling services, tubular running services, and innovative technologies. It has operations in over 15 countries, 300 actively marketed rigs for land-based drilling operations and 29 actively marketed rigs for offshore platform drilling operations in the United States and multiple international markets. The company has five reportable segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The key revenue of the company is generated from International Drilling.