GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Pinnacle West Capital Corp (FRA:PWC) » Definitions » 5-Year Yield-on-Cost %

Pinnacle West Capital (FRA:PWC) 5-Year Yield-on-Cost % : 5.80 (As of May. 03, 2024)


View and export this data going back to 1985. Start your Free Trial

What is Pinnacle West Capital 5-Year Yield-on-Cost %?

Pinnacle West Capital's yield on cost for the quarter that ended in Dec. 2023 was 5.80.


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

FRA:PWC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.54   Med: 4.68   Max: 6.89
Current: 5.8


During the past 13 years, Pinnacle West Capital's highest Yield on Cost was 6.89. The lowest was 3.54. And the median was 4.68.


FRA:PWC's 5-Year Yield-on-Cost % is ranked better than
63.93% of 427 companies
in the Utilities - Regulated industry
Industry Median: 4.59 vs FRA:PWC: 5.80

Competitive Comparison of Pinnacle West Capital's 5-Year Yield-on-Cost %

For the Utilities - Regulated Electric subindustry, Pinnacle West Capital'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.


Pinnacle West Capital's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Pinnacle West Capital's 5-Year Yield-on-Cost % falls into.



Pinnacle West Capital 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 Pinnacle West Capital is calculated as

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

Pinnacle West Capital  (FRA:PWC) 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.


Pinnacle West Capital 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Pinnacle West Capital's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pinnacle West Capital (FRA:PWC) Business Description

Traded in Other Exchanges
Address
400 North Fifth Street, P.O. Box 53999, Phoenix, AZ, USA, 85072-3999
Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility that serves 1.4 million customers across a 35,000-square-mile territory in central Arizona, including Phoenix. APS owns or leases more than 6 gigawatts of power generation capacity, including a 29% ownership stake in the largest nuclear plant in the U.S., Palo Verde. About half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.

Pinnacle West Capital (FRA:PWC) Headlines

From GuruFocus

Investment On-board the Tech Ship

By reports.droy reports.droy 09-23-2014