Hotel Property Investments (ASX:HPI) 5-Year Yield-on-Cost % : 5.65 (As of Jun. 04, 2024)

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What is Hotel Property Investments 5-Year Yield-on-Cost %?

Hotel Property Investments's yield on cost for the quarter that ended in Dec. 2023 was 5.65.

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

ASX:HPI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.01 Med: 5.98 Max: 10.66
Current: 5.65

During the past 10 years, Hotel Property Investments's highest Yield on Cost was 10.66. The lowest was 3.01. And the median was 5.98.

ASX:HPI's 5-Year Yield-on-Cost % is ranked worse than
63.86% of 844 companies
in the REITs industry
Industry Median: 6.97 vs ASX:HPI: 5.65

Competitive Comparison of Hotel Property Investments's 5-Year Yield-on-Cost %

For the REIT - Diversified subindustry, Hotel Property Investments'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.

Hotel Property Investments's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hotel Property Investments's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Hotel Property Investments's 5-Year Yield-on-Cost % falls into.

Hotel Property Investments 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 Hotel Property Investments is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Hotel Property Investments (ASX:HPI) 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.

Hotel Property Investments 5-Year Yield-on-Cost % Related Terms

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Hotel Property Investments (ASX:HPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hotel Property Investments (ASX:HPI) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 City Road, Suite 2, Level 17, IBM Centre, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.hpitrust.com.au

Hotel Property Investments is an Australian REIT with a portfolio of freehold pub properties primarily in Queensland. Its portfolio is almost exclusively leased to Queensland Venue Co. on triple-net long-term leases where the tenant is responsible for outgoings (except land tax in Queensland), resulting in relatively low maintenance expenses. Most leases also provide for annual rental increases typically at the lower of 4% or two times the average of the last five years consumer price index.