GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Northland Power Inc (STU:1NR) » Definitions » 5-Year Yield-on-Cost %

Northland Power (STU:1NR) 5-Year Yield-on-Cost % : 5.93 (As of Dec. 02, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Northland Power 5-Year Yield-on-Cost %?

Northland Power's yield on cost for the quarter that ended in Sep. 2024 was 5.93.


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

STU:1NR' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.36   Med: 4.57   Max: 7.38
Current: 5.93


During the past 13 years, Northland Power's highest Yield on Cost was 7.38. The lowest was 2.36. And the median was 4.57.


STU:1NR's 5-Year Yield-on-Cost % is ranked better than
64.14% of 251 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.32 vs STU:1NR: 5.93

Competitive Comparison of Northland Power's 5-Year Yield-on-Cost %

For the Utilities - Renewable subindustry, Northland Power'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.


Northland Power's 5-Year Yield-on-Cost % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Northland Power's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Northland Power 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 Northland Power is calculated as

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

Northland Power  (STU:1NR) 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.


Northland Power 5-Year Yield-on-Cost % Related Terms

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


Northland Power Business Description

Address
30 Street Clair Avenue West, 17th Floor, Toronto, ON, CAN, M4V 3A1
Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.

Northland Power Headlines

No Headlines