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RE Royalties (TSXV:RE) 5-Year Yield-on-Cost % : 8.00 (As of Apr. 29, 2024)


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What is RE Royalties 5-Year Yield-on-Cost %?

RE Royalties's yield on cost for the quarter that ended in Sep. 2023 was 8.00.


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

TSXV:RE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.01   Med: 3.85   Max: 9.64
Current: 8


During the past 6 years, RE Royalties's highest Yield on Cost was 9.64. The lowest was 1.01. And the median was 3.85.


TSXV:RE's 5-Year Yield-on-Cost % is ranked better than
77.87% of 244 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.615 vs TSXV:RE: 8.00

Competitive Comparison of RE Royalties's 5-Year Yield-on-Cost %

For the Utilities - Renewable subindustry, RE Royalties'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.


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

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

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



RE Royalties 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 RE Royalties is calculated as

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

RE Royalties  (TSXV:RE) 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.


RE Royalties 5-Year Yield-on-Cost % Related Terms

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RE Royalties (TSXV:RE) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
RE Royalties Ltd is engaged in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies and clean energy technology companies. Its solutions provide a non-dilutive, flexible, and low-cost financing alternative that allows its clients to free up capital in order to grow their businesses.

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