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Jack Henry & Associates (STU:JHY) 5-Year Yield-on-Cost % : 1.87 (As of May. 10, 2024)


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What is Jack Henry & Associates 5-Year Yield-on-Cost %?

Jack Henry & Associates's yield on cost for the quarter that ended in Mar. 2024 was 1.87.


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

STU:JHY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.23   Med: 1.68   Max: 2.37
Current: 1.87


During the past 13 years, Jack Henry & Associates's highest Yield on Cost was 2.37. The lowest was 1.23. And the median was 1.68.


STU:JHY's 5-Year Yield-on-Cost % is ranked worse than
55.71% of 937 companies
in the Software industry
Industry Median: 2.26 vs STU:JHY: 1.87

Competitive Comparison of Jack Henry & Associates's 5-Year Yield-on-Cost %

For the Information Technology Services subindustry, Jack Henry & Associates'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.


Jack Henry & Associates's 5-Year Yield-on-Cost % Distribution in the Software Industry

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

* The bar in red indicates where Jack Henry & Associates's 5-Year Yield-on-Cost % falls into.



Jack Henry & Associates 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 Jack Henry & Associates is calculated as

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

Jack Henry & Associates  (STU:JHY) 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.


Jack Henry & Associates 5-Year Yield-on-Cost % Related Terms

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Jack Henry & Associates (STU:JHY) Business Description

Traded in Other Exchanges
Address
663 Highway 60, P.O. Box 807, Monett, MO, USA, 65708
Jack Henry is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing for U.S. banks and credit unions, with a focus on small and midsize banks. Jack Henry serves almost 1,000 banks and over 700 credit unions.

Jack Henry & Associates (STU:JHY) Headlines

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