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New Zealand Energy (New Zealand Energy) 5-Year Yield-on-Cost % : 0.00 (As of May. 16, 2024)


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What is New Zealand Energy 5-Year Yield-on-Cost %?

New Zealand Energy's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



NZERF's 5-Year Yield-on-Cost % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.76
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of New Zealand Energy's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, New Zealand Energy'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.


New Zealand Energy's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, New Zealand Energy's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where New Zealand Energy's 5-Year Yield-on-Cost % falls into.



New Zealand Energy 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 New Zealand Energy is calculated as

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

New Zealand Energy  (OTCPK:NZERF) 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.


New Zealand Energy 5-Year Yield-on-Cost % Related Terms

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New Zealand Energy (New Zealand Energy) Business Description

Traded in Other Exchanges
Address
119-125 Devon Street East, P.O. Box 8440, Level 2, New Plymouth, NTL, NZL, 4310
New Zealand Energy Corp is engaged in the exploration and production of oil and natural gas, as well as the operation of midstream assets. The company conducts its business as a single operating segment being the acquisition, exploration, development, and production of conventional oil and natural gas resources. Geographically, it operates through the region of New Zealand. It generates most of its revenues from Oil sales.

New Zealand Energy (New Zealand Energy) Headlines

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