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Clearway Energy (Clearway Energy) 5-Year Yield-on-Cost % : 11.15 (As of Apr. 29, 2024)


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What is Clearway Energy 5-Year Yield-on-Cost %?

Clearway Energy's yield on cost for the quarter that ended in Dec. 2023 was 11.15.


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

CWEN.A' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.79   Med: 8.47   Max: 16.51
Current: 11.15


During the past 13 years, Clearway Energy's highest Yield on Cost was 16.51. The lowest was 1.79. And the median was 8.47.


CWEN.A's 5-Year Yield-on-Cost % is ranked better than
84.84% of 244 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.615 vs CWEN.A: 11.15

Competitive Comparison of Clearway Energy's 5-Year Yield-on-Cost %

For the Utilities - Renewable subindustry, Clearway Energy'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.


Clearway Energy's 5-Year Yield-on-Cost % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Clearway Energy's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Clearway Energy 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 Clearway Energy is calculated as

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

Clearway Energy  (NYSE:CWEN.A) 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.


Clearway Energy 5-Year Yield-on-Cost % Related Terms

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Clearway Energy (Clearway Energy) Business Description

Traded in Other Exchanges
Address
300 Carnegie Center, Suite 300, Princeton, NJ, USA, 08540
Clearway Energy Inc is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and owner of modern, sustainable and long-term contracted assets across North America. The company segments its operations into conventional power generation, renewables and thermal divisions.