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Gaming and Leisure Properties (FRA:2GL) 5-Year Yield-on-Cost % : 7.43 (As of May. 05, 2024)


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What is Gaming and Leisure Properties 5-Year Yield-on-Cost %?

Gaming and Leisure Properties's yield on cost for the quarter that ended in Mar. 2024 was 7.43.


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

FRA:2GL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.54   Med: 7.09   Max: 15.89
Current: 7.43


During the past 13 years, Gaming and Leisure Properties's highest Yield on Cost was 15.89. The lowest was 1.54. And the median was 7.09.


FRA:2GL's 5-Year Yield-on-Cost % is ranked better than
54.58% of 830 companies
in the REITs industry
Industry Median: 7.035 vs FRA:2GL: 7.43

Competitive Comparison of Gaming and Leisure Properties's 5-Year Yield-on-Cost %

For the REIT - Specialty subindustry, Gaming and Leisure Properties'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.


Gaming and Leisure Properties's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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

* The bar in red indicates where Gaming and Leisure Properties's 5-Year Yield-on-Cost % falls into.



Gaming and Leisure Properties 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 Gaming and Leisure Properties is calculated as

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

Gaming and Leisure Properties  (FRA:2GL) 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.


Gaming and Leisure Properties 5-Year Yield-on-Cost % Related Terms

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Gaming and Leisure Properties (FRA:2GL) Business Description

Traded in Other Exchanges
Address
845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust primarily involved in the leasing of gaming and related facilities to wholly-owned subsidiaries of Penn National Gaming, or Penn, throughout the U.S. GLP segments its operations into GLP Capital and TRS Properties divisions. The company derives the vast majority of its revenue from its GLP Capital unit in the form of rental income from dockside and land-based casinos located mostly in the American Midwest. Almost all of GLP Capital's leases are long-term agreements that give Penn the option for future extensions. Gaming revenue generated by TRS Properties, which encompasses the operations of Hollywood Casino Perryville and Hollywood Casino Baton Rouge, also represents a significant income stream for GLP.

Gaming and Leisure Properties (FRA:2GL) Headlines

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