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Altus Power (FRA:8770) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)


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

Altus Power's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



FRA:8770's 5-Year Yield-on-Cost % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 3.855
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Utilities - Renewable subindustry, Altus 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.


Altus 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, Altus Power's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Altus 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 Altus Power is calculated as

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

Altus Power  (FRA:8770) 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.


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

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Altus Power (FRA:8770) Business Description

Traded in Other Exchanges
Address
2200 Atlantic Street, 6th Floor, Stamford, CT, USA, 06902
Altus Power Inc is a renewable energy generation company focused on the commercial and industrial, public sector, and community solar customers. It operates as a developer, owner and operator of large-scale roof, ground and carport-based photovoltaic and energy storage systems, as well as electric vehicle charging facilities.

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