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Alexander's (Alexander's) 5-Year Yield-on-Cost %

: 8.76 (As of Today)
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Alexander's's yield on cost for the quarter that ended in Dec. 2023 was 8.76.


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

ALX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.7   Med: 4.8   Max: 11.47
Current: 8.76


During the past 13 years, Alexander's's highest Yield on Cost was 11.47. The lowest was 2.70. And the median was 4.80.


ALX's 5-Year Yield-on-Cost % is ranked better than
61.84% of 836 companies
in the REITs industry
Industry Median: 7.285 vs ALX: 8.76

Competitive Comparison

For the REIT - Retail subindustry, Alexander's'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.


Alexander's 5-Year Yield-on-Cost % Distribution

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

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



Alexander's 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 Alexander's is calculated as

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

Alexander's  (NYSE:ALX) 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.


Alexander's 5-Year Yield-on-Cost % Related Terms

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


Alexander's (Alexander's) Business Description

Traded in Other Exchanges
Address
210 Route 4 East, Paramus, NJ, USA, 07652
Alexander's Inc is a real estate investment trust engaged in leasing, managing, developing and redeveloping its properties. It has six properties in the greater New York City metropolitan area. All of the revenues come from properties located in New York City which include revenues from leasing of space to tenants at their properties and revenues from parking and tenant services.
Executives
Gary W. Hansen officer: Chief Financial Officer 210 ROUTE 4 EAST, PARAMUS NJ 07652
Mandakini Puri director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Wight Russell B Jr director
Matthew Iocco officer: Chief Financial Officer 888 7TH AVENUE, NEW YORK NY 10019
Wendy Silverstein director, .
Properties Interstate 10 percent owner C/O VORNADO REALTY TRUST, 888 SEVENTH AVENUE, NEW YORK NY 10019
Thomas R Dibenedetto director
David Mandelbaum director, 10 percent owner
Arthur Sonnenblick director 888 SEVENTH AVE, NEW YORK NY 10019
Steven Roth director, 10 percent owner, officer: Chairman & CEO
Neil Underberg director 888 SEVENTH AVE, NEW YORK NY 10019
Richard R West director
Joseph Macnow officer: CFO/EVP - Fin. & Admin.
Michael D Fascitelli director, officer: President MDF CAPITAL, 888 7TH AVENUE, 27TH FLOOR, NEW YORK NY 10019
Stephen Mann director 450 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022

Alexander's (Alexander's) Headlines

From GuruFocus

Alexander's Announces First Quarter Financial Results

By sperokesalga sperokesalga 05-01-2023

Alexander's Announces Fourth Quarter Financial Results

By GuruFocusNews GuruFocusNews 02-14-2022

Alexander's Announces Fourth Quarter Financial Results

By sperokesalga sperokesalga 02-13-2023

Alexander's Announces First Quarter Financial Results

By GuruFocusNews GuruFocusNews 05-02-2022

Alexander's Declares Quarterly $4.50 Dividend on Common Shares

By GuruFocusNews GuruFocusNews 04-27-2022

Alexander's Completes Sale of Rego Park III

By sperokesalga sperokesalga 05-19-2023