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Consumers Energy Co (Consumers Energy Co) 5-Year Yield-on-Cost % : 5.69 (As of May. 24, 2024)


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What is Consumers Energy Co 5-Year Yield-on-Cost %?

Consumers Energy Co's yield on cost for the quarter that ended in Mar. 2024 was 5.69.


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

CMSpB.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.83
Current: 5.69


During the past 13 years, Consumers Energy Co's highest Yield on Cost was 5.83. The lowest was 0.00. And the median was 0.00.


CMSpB.PFD's 5-Year Yield-on-Cost % is not ranked
in the Utilities - Regulated industry.
Industry Median: 4.5 vs CMSpB.PFD: 5.69

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

For the Utilities - Regulated Electric subindustry, Consumers Energy 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.


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

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

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



Consumers Energy 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 Consumers Energy Co is calculated as

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

Consumers Energy Co  (NYSE:CMSpB.PFD) 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.


Consumers Energy Co 5-Year Yield-on-Cost % Related Terms

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Consumers Energy Co (Consumers Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
One Energy Plaza, Jackson, MI, USA, 49201
Consumers Energy Co operates as an electric and gas utility in Michigan. The business activity of the group is functioned through three segments namely Electric Utility, Gas Utility, and Enterprises, its non-utility operations and investments. The Electric Utility segment refers to the generation, purchase, transmission, distribution, and sale of electricity. The Gas Utility segment is comprised of the purchase, transmission, storage, distribution, and sale of natural gas. The group primarily serves residential, commercial, and industrial customers. Geographically, it operates through the region of Michigan, US.
Executives
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Tonya L Berry officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Scott B Mcintosh officer: VP, Controller, CAO ONE ENERGY PLAZA, JACKSON MI 49201
Leeroy Jr Wells officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Ronald J Tanski director NATIONAL FUEL GAS COMPANY, 6363 MAIN ST, WILLIAMSVILLE NY 14221
Shaun M Johnson officer: SVP and General Counsel ONE ENERGY PLAZA, JACKSON MI 49201
Suzanne F. Shank director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Brandon J. Hofmeister officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Rejji P Hayes officer: EVP/CFO ONE ENERGY PLAZA, JACKSON MI 49201
Jean-francois Brossoit officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Catherine A Hendrian officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Dhenuvakonda Rao Venkat officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Brian F Rich officer: SVP and CIO ONE ENERGY PLAZA, JACKSON MI 49201
John G Sznewajs director 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Garrick J Rochow officer: Vice President ONE ENERGY PLAZA, JACKSON MI 49201

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