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REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) 5-Year Yield-on-Cost % : 6.40 (As of May. 22, 2024)


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What is REN-Redes Energeticas Nacionais Sgps 5-Year Yield-on-Cost %?

REN-Redes Energeticas Nacionais Sgps's yield on cost for the quarter that ended in Dec. 2023 was 6.40.


The historical rank and industry rank for REN-Redes Energeticas Nacionais Sgps's 5-Year Yield-on-Cost % or its related term are showing as below:

XLIS:RENE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.49   Med: 6.81   Max: 9.06
Current: 6.4


During the past 13 years, REN-Redes Energeticas Nacionais Sgps's highest Yield on Cost was 9.06. The lowest was 5.49. And the median was 6.81.


XLIS:RENE's 5-Year Yield-on-Cost % is ranked better than
70.42% of 426 companies
in the Utilities - Regulated industry
Industry Median: 4.435 vs XLIS:RENE: 6.40

Competitive Comparison of REN-Redes Energeticas Nacionais Sgps's 5-Year Yield-on-Cost %

For the Utilities - Diversified subindustry, REN-Redes Energeticas Nacionais Sgps'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.


REN-Redes Energeticas Nacionais Sgps's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, REN-Redes Energeticas Nacionais Sgps's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where REN-Redes Energeticas Nacionais Sgps's 5-Year Yield-on-Cost % falls into.



REN-Redes Energeticas Nacionais Sgps 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 REN-Redes Energeticas Nacionais Sgps is calculated as

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

REN-Redes Energeticas Nacionais Sgps  (XLIS:RENE) 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.


REN-Redes Energeticas Nacionais Sgps 5-Year Yield-on-Cost % Related Terms

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REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Business Description

Traded in Other Exchanges
Address
Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061
REN-Redes Energeticas Nacionais Sgps SA is an energy and utilities company designed for the transmission and distributing electricity and natural gas. The company offers services that manage national energy transmission and distribution systems that include the national electric transmission grid (RNT), the national natural gas transportation grid (RNTGN) and the portgás distribution grid, enabling the creation of an Iberian electricity market that will develop the hydrogen corridor in Europe, together with other European TSOs (Enagas, GRTgaz, Terega and OGE).