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Veris Residential (Veris Residential) 5-Year Yield-on-Cost % : 1.00 (As of May. 13, 2024)


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What is Veris Residential 5-Year Yield-on-Cost %?

Veris Residential's yield on cost for the quarter that ended in Mar. 2024 was 1.00.


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

VRE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.31   Med: 3.53   Max: 7.84
Current: 1


During the past 13 years, Veris Residential's highest Yield on Cost was 7.84. The lowest was 0.31. And the median was 3.53.


VRE's 5-Year Yield-on-Cost % is ranked worse than
96.05% of 835 companies
in the REITs industry
Industry Median: 6.96 vs VRE: 1.00

Competitive Comparison of Veris Residential's 5-Year Yield-on-Cost %

For the REIT - Residential subindustry, Veris Residential'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.


Veris Residential's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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

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



Veris Residential 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 Veris Residential is calculated as

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

Veris Residential  (NYSE:VRE) 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.


Veris Residential 5-Year Yield-on-Cost % Related Terms

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


Veris Residential (Veris Residential) Business Description

Traded in Other Exchanges
N/A
Address
Harborside 3, 210 Hudson Street, Suite 400, Jersey City, NJ, USA, 07311
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
Executives
A. Akiva Katz director C/O MACK-CALI REALTY CORP, HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311
Stephanie L. Williams director C/O VERIS RESIDENTIAL, INC., 210 HUDSON STREET, SUITE 400, JERSEY CITY NJ 07311
Ronald Dickerman director 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Mahbod Nia director C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Taryn D. Fielder officer: EVP, General Counsel & Sec. 1775 EYE STREET, N.W., SUITE 1000, WASHINGTON DC 20006
Jeffrey Scott Turkanis officer: EVP & Chief Investment Officer 12 RICHARD ROAD, MARBLEHEAD MA 01945
Amanda Lombard officer: Chief Accounting Officer 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110
Anna Malhari officer: EVP & Chief Operating Officer HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311
Victor B Macfarlane director 151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134
Michael B Berman director C/O GENERAL GROWTH PROPERTIES, 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Tammy Jones director MONOGRAM RESIDENTIAL TRUST,INC., 5800 GRANITE PARKWAY, SUITE 1000, PLANO TX 75024
Howard Steven Stern director 11601 WILSHIRE BLVD 4TH FLOOR, LOS ANGELES CA 90025
Deidre Crockett officer: EVP, Chief Admin. Officer HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311
Alan R Batkin director 399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Lisa Feinman Myers director HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311

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