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Elme Communities (FRA:WRI) 5-Year Yield-on-Cost % : 2.51 (As of May. 04, 2024)


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What is Elme Communities 5-Year Yield-on-Cost %?

Elme Communities's yield on cost for the quarter that ended in Mar. 2024 was 2.51.


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

FRA:WRI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.61   Med: 2.29   Max: 3.6
Current: 2.51


During the past 13 years, Elme Communities's highest Yield on Cost was 3.60. The lowest was 1.61. And the median was 2.29.


FRA:WRI's 5-Year Yield-on-Cost % is ranked worse than
90.72% of 830 companies
in the REITs industry
Industry Median: 7.035 vs FRA:WRI: 2.51

Competitive Comparison of Elme Communities's 5-Year Yield-on-Cost %

For the REIT - Residential subindustry, Elme Communities'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.


Elme Communities's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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

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



Elme Communities 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 Elme Communities is calculated as

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

Elme Communities  (FRA:WRI) 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.


Elme Communities 5-Year Yield-on-Cost % Related Terms

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Elme Communities (FRA:WRI) Business Description

Traded in Other Exchanges
Address
1775 Eye Street North West, Suite 1000, Washington, DC, USA, 20006
Elme Communities is a real estate investment trust engaged in owning and operating properties in the greater Washington DC metropolitan area. The company's real estate portfolio is comprised of office, retail, and multifamily properties located primarily near major transportation nodes. Washington REIT derives nearly all of its income in the form of rental revenue from tenants organized into long-term leases. The company's office assets contribute the majority of this income, while the rest is split fairly evenly between its retail and multifamily locations. Washington REIT's largest tenants are banking, consulting, law, and financial services firms.