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Flour Mills Nigeria (NSA:FMNL) 5-Year Yield-on-Cost % : 13.43 (As of May. 11, 2024)


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What is Flour Mills Nigeria 5-Year Yield-on-Cost %?

Flour Mills Nigeria's yield on cost for the quarter that ended in Mar. 2023 was 13.43.


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

NSA:FMNL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.58   Med: 11.96   Max: 30.16
Current: 13.43


During the past 13 years, Flour Mills Nigeria's highest Yield on Cost was 30.16. The lowest was 3.58. And the median was 11.96.


NSA:FMNL's 5-Year Yield-on-Cost % is ranked better than
94.43% of 1096 companies
in the Consumer Packaged Goods industry
Industry Median: 2.81 vs NSA:FMNL: 13.43

Competitive Comparison of Flour Mills Nigeria's 5-Year Yield-on-Cost %

For the Packaged Foods subindustry, Flour Mills Nigeria'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.


Flour Mills Nigeria's 5-Year Yield-on-Cost % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flour Mills Nigeria's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Flour Mills Nigeria 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 Flour Mills Nigeria is calculated as

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

Flour Mills Nigeria  (NSA:FMNL) 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.


Flour Mills Nigeria 5-Year Yield-on-Cost % Related Terms

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Flour Mills Nigeria (NSA:FMNL) Business Description

Traded in Other Exchanges
N/A
Address
Wharf Road, 1, Golden Penny Place, Apapa, Lagos, NGA
Flour Mills Nigeria PLC is an investment holding company. The company's operating segment includes Food; Agro Allied; Sugar and Support Services. It generates maximum revenue from the Food segment which includes milling and sales of flour and production and sales of pasta, snacks, and noodles. Its Agro-Allied segment includes farming of maize, cassava, soya, sugar cane and oil palm and production and sales of fertilizer, edible oils and livestock feeds. The Sugar segment includes the cultivation and processing of sugarcane, refining and selling of sugar and sale of by-products from sugar refining.

Flour Mills Nigeria (NSA:FMNL) Headlines

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