GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vornado Realty Trust (NYSE:VNOPRJCL.PFD) » Definitions » 5-Year Yield-on-Cost %

Vornado Realty Trust (Vornado Realty Trust) 5-Year Yield-on-Cost % : 2.37 (As of Apr. 28, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Vornado Realty Trust 5-Year Yield-on-Cost %?

Vornado Realty Trust's yield on cost for the quarter that ended in Dec. 2023 was 2.37.


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

VNOPRJCL.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.39   Med: 1.37   Max: 5.44
Current: 2.37


During the past 13 years, Vornado Realty Trust's highest Yield on Cost was 5.44. The lowest was 0.39. And the median was 1.37.


VNOPRJCL.PFD's 5-Year Yield-on-Cost % is ranked worse than
98.56% of 835 companies
in the REITs industry
Industry Median: 7.1 vs VNOPRJCL.PFD: 2.37

Competitive Comparison of Vornado Realty Trust's 5-Year Yield-on-Cost %

For the REIT - Office subindustry, Vornado Realty 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.


Vornado Realty Trust's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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

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



Vornado Realty 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 Vornado Realty Trust is calculated as

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

Vornado Realty Trust  (NYSE:VNOPRJCL.PFD) 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.


Vornado Realty Trust 5-Year Yield-on-Cost % Related Terms

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


Vornado Realty Trust (Vornado Realty Trust) Business Description

Address
888 Seventh Avenue, New York, NY, USA, 10019
Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.