Lassonde Industries (TSX:LAS.A) 5-Year Yield-on-Cost % : 1.51 (As of May. 04, 2024)

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

Lassonde Industries's yield on cost for the quarter that ended in Dec. 2023 was 1.51.

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

TSX:LAS.A' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.72 Med: 1.25 Max: 2.69
Current: 1.51

During the past 13 years, Lassonde Industries's highest Yield on Cost was 2.69. The lowest was 0.72. And the median was 1.25.

TSX:LAS.A's 5-Year Yield-on-Cost % is ranked worse than
79.71% of 69 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 3.17 vs TSX:LAS.A: 1.51

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

For the Beverages - Non-Alcoholic subindustry, Lassonde 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.

Lassonde Industries's 5-Year Yield-on-Cost % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Lassonde Industries's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Lassonde 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 Lassonde Industries is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Lassonde Industries (TSX:LAS.A) 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.

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

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Lassonde Industries (TSX:LAS.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Lassonde Industries Inc (TSX:LAS.A) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

LSDAF:USA 0OO:Germany

Address

755 Principale Street, Rougemont, QC, CAN, J0L 1M0

Website

https://www.lassonde.com

Lassonde Industries Inc is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store-brand shelf-stable fruit juices and drinks in the United States and a producer of cranberry sauces. The company operates through a single segment the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin. Lassonde has a presence in Canada and the United States. It earns the majority of the revenue in the United States.

Lassonde Industries (TSX:LAS.A) Headlines

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