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NOVATEK PJSC (MIC:NVTK) 5-Year Yield-on-Cost % : 44.23 (As of Apr. 27, 2024)


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What is NOVATEK PJSC 5-Year Yield-on-Cost %?

NOVATEK PJSC's yield on cost for the quarter that ended in Jun. 2023 was 44.23.


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

MIC:NVTK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.07   Med: 13.2   Max: 68.95
Current: 44.23


During the past 13 years, NOVATEK PJSC's highest Yield on Cost was 68.95. The lowest was 5.07. And the median was 13.20.


MIC:NVTK's 5-Year Yield-on-Cost % is ranked better than
96.55% of 493 companies
in the Oil & Gas industry
Industry Median: 4.72 vs MIC:NVTK: 44.23

Competitive Comparison of NOVATEK PJSC's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, NOVATEK PJSC'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.


NOVATEK PJSC's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NOVATEK PJSC's 5-Year Yield-on-Cost % distribution charts can be found below:

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



NOVATEK PJSC 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 NOVATEK PJSC is calculated as

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

NOVATEK PJSC  (MIC:NVTK) 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.


NOVATEK PJSC 5-Year Yield-on-Cost % Related Terms

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NOVATEK PJSC (MIC:NVTK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2, Udaltsova Street, Moscow, RUS, 119415
NOVATEK PJSC, or simply Novatek, is a Russian-based exploration and production company that acquires, explores for, produces, processes, and markets oil and gas. While the company is mostly focused on natural gas production, it also has exposure to oil. Its exploration and production take place in a variety of fields in central Russia. The natural gas is then processed and sold. Novatek also sells liquid hydrocarbons such as petroleum products, light hydrocarbons, LPG, and crude oil. The majority of its natural gas is sold in Russia, while the liquid hydrocarbons are sold in Russia and internationally, including China, Europe, and the United States.

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