GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Black Hills Corp (FRA:BHI) » Definitions » 5-Year Yield-on-Cost %

Black Hills (FRA:BHI) 5-Year Yield-on-Cost % : 5.87 (As of May. 03, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Black Hills 5-Year Yield-on-Cost %?

Black Hills's yield on cost for the quarter that ended in Dec. 2023 was 5.87.


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

FRA:BHI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.08   Med: 4.06   Max: 6.74
Current: 5.87


During the past 13 years, Black Hills's highest Yield on Cost was 6.74. The lowest was 3.08. And the median was 4.06.


FRA:BHI's 5-Year Yield-on-Cost % is ranked better than
65.57% of 427 companies
in the Utilities - Regulated industry
Industry Median: 4.59 vs FRA:BHI: 5.87

Competitive Comparison of Black Hills's 5-Year Yield-on-Cost %

For the Utilities - Regulated Gas subindustry, Black Hills'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.


Black Hills's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

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

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



Black Hills 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 Black Hills is calculated as

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

Black Hills  (FRA:BHI) 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.


Black Hills 5-Year Yield-on-Cost % Related Terms

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


Black Hills (FRA:BHI) Business Description

Traded in Other Exchanges
Address
7001 Mount Rushmore Road, Rapid City, SD, USA, 57702
Black Hills Corp is a U.S.-based energy company that operates through its regulated Electric Utilities, regulated Gas Utilities, Power Generation and Mining segments. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from electric utilities.

Black Hills (FRA:BHI) Headlines

No Headlines