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National Grid (National Grid) 5-Year Yield-on-Cost %

: 6.18 (As of Today)
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National Grid's yield on cost for the quarter that ended in Sep. 2023 was 6.18.


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

NGG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.44   Med: 5.69   Max: 7.35
Current: 6.18


During the past 13 years, National Grid's highest Yield on Cost was 7.35. The lowest was 4.44. And the median was 5.69.


NGG's 5-Year Yield-on-Cost % is ranked better than
68.15% of 427 companies
in the Utilities - Regulated industry
Industry Median: 4.8 vs NGG: 6.18

Competitive Comparison

For the Utilities - Regulated Electric subindustry, National Grid'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.


National Grid 5-Year Yield-on-Cost % Distribution

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

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



National Grid 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 National Grid is calculated as

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

National Grid  (NYSE:NGG) 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.


National Grid 5-Year Yield-on-Cost % Related Terms

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National Grid (National Grid) Business Description

Address
1-3 Strand, London, GBR, WC2N 5EH
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.