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Vitec Software Group AB (OSTO:VIT B) 5-Year Yield-on-Cost % : 0.90 (As of May. 19, 2024)


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What is Vitec Software Group AB 5-Year Yield-on-Cost %?

Vitec Software Group AB's yield on cost for the quarter that ended in Mar. 2024 was 0.90.


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

OSTO:VIT B' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.24   Med: 2.33   Max: 7.22
Current: 0.9


During the past 13 years, Vitec Software Group AB's highest Yield on Cost was 7.22. The lowest was 0.24. And the median was 2.33.


OSTO:VIT B's 5-Year Yield-on-Cost % is ranked worse than
75.53% of 936 companies
in the Software industry
Industry Median: 2.22 vs OSTO:VIT B: 0.90

Competitive Comparison of Vitec Software Group AB's 5-Year Yield-on-Cost %

For the Software - Application subindustry, Vitec Software Group AB'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.


Vitec Software Group AB's 5-Year Yield-on-Cost % Distribution in the Software Industry

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

* The bar in red indicates where Vitec Software Group AB's 5-Year Yield-on-Cost % falls into.



Vitec Software Group AB 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 Vitec Software Group AB is calculated as

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

Vitec Software Group AB  (OSTO:VIT B) 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.


Vitec Software Group AB 5-Year Yield-on-Cost % Related Terms

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Vitec Software Group AB (OSTO:VIT B) Business Description

Traded in Other Exchanges
Address
Tvistevagen 47A, Umea, SWE, 907 29
Vitec Software Group AB is a software company in Vertical Market Software in the Nordic region. The company provides software for the pharmacy market, automotive and machine industry, banks and insurance companies, healthcare companies, real estate agents, and the education sector. Its segments comprise Auto, Energy, Real Estate, Finance and insurance, Environment, Estate Agents, and Education and health.

Vitec Software Group AB (OSTO:VIT B) Headlines

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