GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Corp PLC (NYSE:NE) » Definitions » 5-Year Yield-on-Cost %

Noble (NE) 5-Year Yield-on-Cost %

: 2.45 (As of Today)
View and export this data going back to 2022. Start your Free Trial

Noble's yield on cost for the quarter that ended in Dec. 2023 was 2.45.


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

NE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.6   Med: 1.44   Max: 2.45
Current: 2.45


During the past 4 years, Noble's highest Yield on Cost was 2.45. The lowest was 0.60. And the median was 1.44.


NE's 5-Year Yield-on-Cost % is ranked worse than
75.61% of 492 companies
in the Oil & Gas industry
Industry Median: 4.795 vs NE: 2.45

Competitive Comparison

For the Oil & Gas Drilling subindustry, Noble'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.


Noble 5-Year Yield-on-Cost % Distribution

For the Oil & Gas industry and Energy sector, Noble's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Noble 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 Noble is calculated as

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

Noble  (NYSE:NE) 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.


Noble 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Noble's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Noble (NE) Business Description

Industry
Traded in Other Exchanges
Address
13135 Dairy Ashford, Suite 800, Sugar Land, TX, USA, 77478
Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and the deployment of its drilling rigs in oil and gas basins around the world.
Executives
Noble Corp Plc officer: VP & Chief Accounting Officer 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Caroline Alting officer: See Remarks C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Joey M Kawaja officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Blake Denton officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Robert W. Eifler director, officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Richard B. Barker officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Jennie Howard officer: SVP, Gen. Counsel & Corp. Sec. 13135 DAIRY ASHFORD ROAD, SUGAR LAND TX 77478
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mikkel Ipsen officer: See Remarks C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Kristin Holth director C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Claus Hemmingsen director C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Alastair Maxwell director C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Apmh Invest A/s 10 percent owner ESPLANADEN 50, COPENHAGEN G7 1263
Laura D. Campbell officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Charles M Sledge director 1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345