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Novonesis AS (Novonesis AS) 5-Year Yield-on-Cost %

: 2.02 (As of Today)
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Novonesis AS's yield on cost for the quarter that ended in Dec. 2023 was 2.02.


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

NVZMY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.44   Med: 2.41   Max: 5.43
Current: 2.02


During the past 13 years, Novonesis AS's highest Yield on Cost was 5.43. The lowest was 1.44. And the median was 2.41.


NVZMY's 5-Year Yield-on-Cost % is ranked worse than
55.13% of 1052 companies
in the Chemicals industry
Industry Median: 2.36 vs NVZMY: 2.02

Competitive Comparison

For the Specialty Chemicals subindustry, Novonesis AS'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.


Novonesis AS 5-Year Yield-on-Cost % Distribution

For the Chemicals industry and Basic Materials sector, Novonesis AS's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Novonesis AS 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 Novonesis AS is calculated as

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

Novonesis AS  (OTCPK:NVZMY) 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.


Novonesis AS 5-Year Yield-on-Cost % Related Terms

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Novonesis AS (Novonesis AS) Business Description

Address
Krogshoejvej 36, Bagsvaerd, DNK, 2880
Novozymes is the world leader in industrial enzymes. In recent years, the company has expanded into micro-organisms, primarily for agricultural markets. The firm supplies five major industry groups: household care, food and beverages, bioenergy, agriculture and feed, and technical and pharma. Its biological solutions create value for its customers by improving yield efficiency and performance, while saving energy and generating less waste. The company is headquartered in Denmark.

Novonesis AS (Novonesis AS) Headlines

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