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Vicinity Centres (Vicinity Centres) 5-Year Yield-on-Cost % : 2.97 (As of May. 13, 2024)


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What is Vicinity Centres 5-Year Yield-on-Cost %?

Vicinity Centres's yield on cost for the quarter that ended in Dec. 2023 was 2.97.


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

CNRAF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.07   Med: 2.84   Max: 7.89
Current: 2.97


During the past 12 years, Vicinity Centres's highest Yield on Cost was 7.89. The lowest was 1.07. And the median was 2.84.


CNRAF's 5-Year Yield-on-Cost % is ranked worse than
88.19% of 838 companies
in the REITs industry
Industry Median: 6.97 vs CNRAF: 2.97

Competitive Comparison of Vicinity Centres's 5-Year Yield-on-Cost %

For the REIT - Retail subindustry, Vicinity Centres'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.


Vicinity Centres's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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

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



Vicinity Centres 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 Vicinity Centres is calculated as

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

Vicinity Centres  (OTCPK:CNRAF) 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.


Vicinity Centres 5-Year Yield-on-Cost % Related Terms

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


Vicinity Centres (Vicinity Centres) Business Description

Traded in Other Exchanges
Address
1341 Dandenong Road, Level 4, Chadstone Tower One, Chadstone, Melbourne, VIC, AUS, 3148
Vicinity was created after the merger of Federation Centres and Novion in June 2015, creating one of Australia's largest retail REITs. Its directly and indirectly owned assets have a book value of about AUD 14 billion. The assets are skewed to large, high-end shopping centres, with about half in major regional malls, a fifth in subregional, 15% in CBD locations, 13% in outlet centres, and 1% in neighbourhood malls.

Vicinity Centres (Vicinity Centres) Headlines

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