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GPT Group (ASX:GPT) 5-Year Yield-on-Cost % : 7.63 (As of May. 09, 2024)


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What is GPT Group 5-Year Yield-on-Cost %?

GPT Group's yield on cost for the quarter that ended in Dec. 2023 was 7.63.


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

ASX:GPT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.23   Med: 6.29   Max: 12.49
Current: 7.63


During the past 13 years, GPT Group's highest Yield on Cost was 12.49. The lowest was 2.23. And the median was 6.29.


ASX:GPT's 5-Year Yield-on-Cost % is ranked better than
56.3% of 833 companies
in the REITs industry
Industry Median: 7.01 vs ASX:GPT: 7.63

Competitive Comparison of GPT Group's 5-Year Yield-on-Cost %

For the REIT - Diversified subindustry, GPT Group'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.


GPT Group's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, GPT Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



GPT Group 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 GPT Group is calculated as

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

GPT Group  (ASX:GPT) 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.


GPT Group 5-Year Yield-on-Cost % Related Terms

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GPT Group (ASX:GPT) Business Description

Industry
Traded in Other Exchanges
Address
25 Martin Place, Level 51, Sydney, NSW, AUS, 2000
GPT Group was listed in 1971 and is Australia's oldest listed property trust. The business strategy is not particularly differentiated from peers, other than through its somewhat conservative gearing and modest emphasis on development activity. The portfolio weighting to industrial is a major growth area for the firm. GPT remains dominated by retail malls that generate about a third of its revenue, and another quarter from office.