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Altair Engineering (Altair Engineering) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 24, 2024)


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Altair Engineering 5-Year Yield-on-Cost % Definition

Altair Engineering's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



ALTR's 5-Year Yield-on-Cost % is not ranked *
in the Software industry.
Industry Median: 2.275
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison

For the Software - Infrastructure subindustry, Altair Engineering'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.


Altair Engineering 5-Year Yield-on-Cost % Distribution

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

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



Altair Engineering 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 Altair Engineering is calculated as

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

Altair Engineering  (NAS:ALTR) 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.


Altair Engineering 5-Year Yield-on-Cost % Related Terms

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Altair Engineering (Altair Engineering) Business Description

Traded in Other Exchanges
Address
1820 East Big Beaver Road, Troy, MI, USA, 48083
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
Executives
James Ralph Scapa director, 10 percent owner, officer: Chief Executive Officer 1820 E BIG BEAVER RD, TROY MI 48083
James R. Scapa Declaration Of Trust 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Jrs Investments Llc 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Gc Investments Llc 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
George J Christ 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Teresa A Harris director 1820 E BIG BEAVER RD, TROY MI 48083
Christ Revocable Trust 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Ravi Kunju officer: Chief Product Strategy Officer C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER RD., TROY MI 48083
Raoul Maitra officer: Chief Legal Officer C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER ROAD, TROY MI 48083
Jeffrey Marraccini officer: See Remarks C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER RD., TROY MI 48083
Amy Messano officer: Chief Marketing Officer 1820 E. BIG BEAVER ROAD, TROY MI 48083
Mahalingam Srikanth officer: See Remarks 1820 E BIG BEAVER RD, TROY MI 48083
Gilma Saravia officer: Chief People Officer C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER ROAD, TROY MI 48083
Nelson Dias officer: Executive Vice President 1820 E BIG BEAVER RD, TROY MI 48083
Uwe Schramm officer: See Remarks 1820 E BIG BEAVER RD, TROY MI 48083