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Providence & Worcester Railroad Co (Providence & Worcester Railroad Co) 5-Year Yield-on-Cost % : 0.64 (As of Apr. 26, 2024)


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What is Providence & Worcester Railroad Co 5-Year Yield-on-Cost %?

Providence & Worcester Railroad Co's yield on cost for the quarter that ended in Jun. 2016 was 0.64.


The historical rank and industry rank for Providence & Worcester Railroad Co's 5-Year Yield-on-Cost % or its related term are showing as below:

PWX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.64
Current: 0.64


During the past 13 years, Providence & Worcester Railroad Co's highest Yield on Cost was 0.64. The lowest was 0.00. And the median was 0.00.


PWX's 5-Year Yield-on-Cost % is not ranked
in the Transportation industry.
Industry Median: 3.54 vs PWX: 0.64

Competitive Comparison of Providence & Worcester Railroad Co's 5-Year Yield-on-Cost %

For the Railroads subindustry, Providence & Worcester Railroad Co'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.


Providence & Worcester Railroad Co's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Providence & Worcester Railroad Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Providence & Worcester Railroad Co's 5-Year Yield-on-Cost % falls into.



Providence & Worcester Railroad Co 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 Providence & Worcester Railroad Co is calculated as

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

Providence & Worcester Railroad Co  (NAS:PWX) 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.


Providence & Worcester Railroad Co 5-Year Yield-on-Cost % Related Terms

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


Providence & Worcester Railroad Co (Providence & Worcester Railroad Co) Business Description

Traded in Other Exchanges
N/A
Address
Providence & Worcester Railroad Co commenced its operations in 1973. The Company is a short-line freight railroad as defined by the American Association of Railroads operating in Massachusetts, Rhode Island, Connecticut and New York. The Company is the only interstate freight carrier serving the State of Rhode Island. The Company services the international double-stack intermodal terminal facility in New England in Worcester, Massachusetts, a strategic location for regional transportation and distribution enterprises. The Company transports commodities for its customers, including automobiles, construction aggregates, iron and steel products, chemicals and plastics, lumber, scrap metals, plastic resins, cement, coal, construction and demolition debris, and processed foods and edible foodstuffs, such as corn syrup and vegetable oils. Its customers include Exxon Mobil Corporation, Ford Motor Company, Frito-Lay, Inc., Global LLP, GDF SUEZ Energy North America, International Paper Company, Lehigh Cement, Cargill, Inc., Northeast Utilities, Nucor Steel, Rawson Materials, Renewable Products Marketing Group, Subaru of New England, Tilcon Connecticut, Inc. and Toray Plastics, Inc. The Company competes with other carriers in the siting of new rail-oriented businesses in the region. The Company also competes with other modes of transportation, particularly long-haul trucking companies, for the transportation of commodities, and ocean-going vessels for the transportation of containers. The Company is subject to governmental regulation by the STB, the FRA, the Transportation Security Administration and other federal, state and local regulatory authorities with respect to certain rates and railroad operations, as well as a variety of health, safety, labor, environmental and other matters.
Executives
Daniel T Noreck officer: Treasurer and CFO 75 HAMMOND STREET, WORCESTER MA 01610
P Scott Conti director, officer: President and COO 75 HAMMOND STREET, WORCESTER MA 01610
Robert H Eder director, 10 percent owner, officer: Chief Executive Officer 5 STEEPLE STREET, #303, PROVIDENCE RI 02903
Linda Eder 10 percent owner 100 DEXTER ROAD, EAST PROVIDENCE RI 02914
Craig M Scott director 75 HAMMOND STREET, WORCESTER MA 01610
Stephen J Carlotti 10 percent owner 1500 FLEET CENTER, PROVIDENCE RI 02903
Merrill W Sherman director 131 CLARENDON STREET, BOSTON MA 02116

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