Energy Developments (ASX:ENE) 5-Year Yield-on-Cost % : 3.31 (As of May. 26, 2024)

Competitive Comparison of Energy Developments's 5-Year Yield-on-Cost %

For the Utilities - Regulated Electric subindustry, Energy Developments'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.

Energy Developments's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Energy Developments's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Energy Developments 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 Energy Developments is calculated as

Energy Developments  (ASX:ENE) 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.

Energy Developments 5-Year Yield-on-Cost % Related Terms

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Energy Developments (ASX:ENE) Business Description