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Millenniumpthorne Hotels New Zealand (NZSE:MCK) 5-Year Yield-on-Cost % : 1.63 (As of May. 29, 2024)


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What is Millenniumpthorne Hotels New Zealand 5-Year Yield-on-Cost %?

Millenniumpthorne Hotels New Zealand's yield on cost for the quarter that ended in Dec. 2023 was 1.63.


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

NZSE:MCK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.73   Med: 1.72   Max: 4.31
Current: 1.63


During the past 13 years, Millenniumpthorne Hotels New Zealand's highest Yield on Cost was 4.31. The lowest was 0.73. And the median was 1.72.


NZSE:MCK's 5-Year Yield-on-Cost % is ranked worse than
61.67% of 347 companies
in the Travel & Leisure industry
Industry Median: 2.44 vs NZSE:MCK: 1.63

Competitive Comparison of Millenniumpthorne Hotels New Zealand's 5-Year Yield-on-Cost %

For the Lodging subindustry, Millenniumpthorne Hotels New Zealand'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.


Millenniumpthorne Hotels New Zealand's 5-Year Yield-on-Cost % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels New Zealand's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Millenniumpthorne Hotels New Zealand's 5-Year Yield-on-Cost % falls into.



Millenniumpthorne Hotels New Zealand 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 Millenniumpthorne Hotels New Zealand is calculated as

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

Millenniumpthorne Hotels New Zealand  (NZSE:MCK) 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.


Millenniumpthorne Hotels New Zealand 5-Year Yield-on-Cost % Related Terms

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Millenniumpthorne Hotels New Zealand (NZSE:MCK) Business Description

Traded in Other Exchanges
Address
23 Customs Street East, Victoria Street West, Level 7, PO Box 5640,, Auckland, NZL, 1142
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. In addition, the group is also involved in the residential development and sale of land in New Zealand and the development and sale of residential units in Australia. The operating segments of the group are Hotel operations which comprise income from the ownership and management of hotels, Residential land development, comprising the development and sale of land and Residential and commercial property development, comprising the development and sale of residential apartments. The majority of the revenue is generated from the Hotel operations segment. The company operates in the geographical areas of New Zealand and Australia.

Millenniumpthorne Hotels New Zealand (NZSE:MCK) Headlines