Snam SpA (MIL:SRG) 5-Year Yield-on-Cost % : 8.00 (As of May. 09, 2024)

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What is Snam SpA 5-Year Yield-on-Cost %?

Snam SpA's yield on cost for the quarter that ended in Sep. 2023 was 8.00.

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

MIL:SRG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.9 Med: 6.79 Max: 10.77
Current: 8

During the past 13 years, Snam SpA's highest Yield on Cost was 10.77. The lowest was 3.90. And the median was 6.79.

MIL:SRG's 5-Year Yield-on-Cost % is ranked better than
79.63% of 427 companies
in the Utilities - Regulated industry
Industry Median: 4.54 vs MIL:SRG: 8.00

Competitive Comparison of Snam SpA's 5-Year Yield-on-Cost %

For the Utilities - Regulated Gas subindustry, Snam SpA'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.

Snam SpA's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

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

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

Snam SpA 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 Snam SpA is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Snam SpA (MIL:SRG) 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.

Snam SpA 5-Year Yield-on-Cost % Related Terms

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Snam SpA (MIL:SRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (MIL:SRG) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

SNMRY:USA SRGm:UK 0NQP:UK SNM:Germany SRG:Austria

Address

Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097

Website

https://www.snam.it

Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 6.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.