Litgrid AB (OVSE:LGD1L) 5-Year Yield-on-Cost % : 8.41 (As of Jun. 09, 2024)

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What is Litgrid AB 5-Year Yield-on-Cost %?

Litgrid AB's yield on cost for the quarter that ended in Mar. 2024 was 8.41.

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

OVSE:LGD1L' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.77 Med: 2.24 Max: 39.3
Current: 8.41

During the past 13 years, Litgrid AB's highest Yield on Cost was 39.30. The lowest was 0.77. And the median was 2.24.

OVSE:LGD1L's 5-Year Yield-on-Cost % is ranked better than
80.28% of 431 companies
in the Utilities - Regulated industry
Industry Median: 4.56 vs OVSE:LGD1L: 8.41

Competitive Comparison of Litgrid AB's 5-Year Yield-on-Cost %

For the Utilities - Regulated Electric subindustry, Litgrid AB'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.

Litgrid AB's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Litgrid AB's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Litgrid AB 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 Litgrid AB is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Litgrid AB (OVSE:LGD1L) 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.

Litgrid AB 5-Year Yield-on-Cost % Related Terms

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Litgrid AB (OVSE:LGD1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Litgrid AB (OVSE:LGD1L) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karlo Gustavo Emilio Manerheimo street 8, Vilnius, LTU, LT-05131

Website

https://www.litgrid.eu

Litgrid AB is an operator of an electricity transmission system operating electricity transmissions in Lithuania. It is responsible for integrating the national power system into the European power infrastructure and electricity market. The business activity of the group functions under various segments namely Electricity transmission and related services activities, and Other income. Geographically, the business presence of the firm is seen in the regions of Lithuania, Norway, Sweden, Latvia, Estonia and others of which the Lithuania region accounts for the majority of the revenue.

Litgrid AB (OVSE:LGD1L) Headlines

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