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Tricon Residential (FRA:331) 5-Year Yield-on-Cost % : 2.35 (As of May. 04, 2024)


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What is Tricon Residential 5-Year Yield-on-Cost %?

Tricon Residential's yield on cost for the quarter that ended in Dec. 2023 was 2.35.


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

FRA:331' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.55   Med: 2.92   Max: 4.89
Current: 2.35


During the past 13 years, Tricon Residential's highest Yield on Cost was 4.89. The lowest was 1.55. And the median was 2.92.


FRA:331's 5-Year Yield-on-Cost % is ranked worse than
66.82% of 880 companies
in the Real Estate industry
Industry Median: 3.74 vs FRA:331: 2.35

Competitive Comparison of Tricon Residential's 5-Year Yield-on-Cost %

For the Real Estate Services subindustry, Tricon Residential'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.


Tricon Residential's 5-Year Yield-on-Cost % Distribution in the Real Estate Industry

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

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



Tricon Residential 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 Tricon Residential is calculated as

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

Tricon Residential  (FRA:331) 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.


Tricon Residential 5-Year Yield-on-Cost % Related Terms

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Tricon Residential (FRA:331) Business Description

Traded in Other Exchanges
Address
7 St. Thomas Street, Suite 801, Toronto, ON, CAN, M5S 2B7
Tricon Residential Inc is a rental housing company catering to the middle-market demographic throughout the United States and Canada. The company owns and manages approximately 36,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform.

Tricon Residential (FRA:331) Headlines

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