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Goodman Property Trust (NZSE:GMT) 5-Year Yield-on-Cost % : 2.78 (As of May. 19, 2024)


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What is Goodman Property Trust 5-Year Yield-on-Cost %?

Goodman Property Trust's yield on cost for the quarter that ended in Sep. 2023 was 2.78.


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

NZSE:GMT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.09   Med: 4.5   Max: 6.49
Current: 2.78


During the past 13 years, Goodman Property Trust's highest Yield on Cost was 6.49. The lowest was 2.09. And the median was 4.50.


NZSE:GMT's 5-Year Yield-on-Cost % is ranked worse than
89.02% of 838 companies
in the REITs industry
Industry Median: 6.89 vs NZSE:GMT: 2.78

Competitive Comparison of Goodman Property Trust's 5-Year Yield-on-Cost %

For the REIT - Industrial subindustry, Goodman Property Trust'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.


Goodman Property Trust's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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

* The bar in red indicates where Goodman Property Trust's 5-Year Yield-on-Cost % falls into.



Goodman Property Trust 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 Goodman Property Trust is calculated as

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

Goodman Property Trust  (NZSE:GMT) 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.


Goodman Property Trust 5-Year Yield-on-Cost % Related Terms

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Goodman Property Trust (NZSE:GMT) Business Description

Traded in Other Exchanges
N/A
Address
The Hayesbery, 1-11 Hayes Road, Rosebery, Sydney, NSW, AUS, 2018
Goodman Property Trust is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment strategy is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.

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