What is Lamar Advertising Co 5-Year Yield-on-Cost %?
Lamar Advertising Co's yield on cost for the quarter that ended in Dec. 2023 was 6.40.
The historical rank and industry rank for Lamar Advertising Co's 5-Year Yield-on-Cost % or its related term are showing as below:
LAMR'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.24 Med: 6.59 Max: 14.63
Current: 6.4
During the past 13 years, Lamar Advertising Co's highest Yield on Cost was 14.63. The lowest was 2.24. And the median was 6.59.
LAMR's 5-Year Yield-on-Cost % is ranked worse than 57.37% of 835
companies
in the REITs industry
Industry Median: 7.08
vs LAMR: 6.40
Competitive Comparison of Lamar Advertising Co's 5-Year Yield-on-Cost %
For the REIT - Specialty subindustry, Lamar Advertising Co'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.
Lamar Advertising Co's 5-Year Yield-on-Cost % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Lamar Advertising Co's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Lamar Advertising Co's 5-Year Yield-on-Cost % falls into.
Lamar Advertising Co 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 Lamar Advertising Co is calculated as
Lamar Advertising Co (NAS:LAMR) 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.
Lamar Advertising Co 5-Year Yield-on-Cost % Related Terms
Thank you for viewing the detailed overview of Lamar Advertising Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
Lamar Advertising Co (Lamar Advertising Co) Business Description
Lamar Advertising Co is an outdoor advertising company organized as a real estate investment trust for U.S. federal income tax purposes. Lamar's core revenue-generating activity is leasing space for advertising on billboards, buses, shelters, benches, logo plates, and airport terminals through short-term agreements. The company is involved in this process from ad copy production to the placement and maintenance of physical advertisements. The vast majority of Lamar's revenue comes from renting ad space on its portfolio of static and digital roadside billboard displays in the U.S. The states of Pennsylvania and Texas house a proportion of these. The company's customers are restaurant, service, healthcare, and retail firms in terms of total revenue.
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