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Piedmont Natural Gas Co's yield on cost for the quarter that ended in Jul. 2016 was 2.25.
The historical rank and industry rank for Piedmont Natural Gas Co's 5-Year Yield-on-Cost % or its related term are showing as below:
During the past 13 years, Piedmont Natural Gas Co's highest Yield on Cost was 2.25. The lowest was 0.00. And the median was 0.00.
For the Utilities - Regulated Gas subindustry, Piedmont Natural Gas 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.
For the Utilities - Regulated industry and Utilities sector, Piedmont Natural Gas Co's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Piedmont Natural Gas Co's 5-Year Yield-on-Cost % falls into.
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 Piedmont Natural Gas Co is calculated as
Yield-on-Cost | = | Dividend Yield % | * | (1 | + | Dividend Growth Rate)^5 |
Piedmont Natural Gas Co (NYSE:PNY) 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.
Thank you for viewing the detailed overview of Piedmont Natural Gas Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
Frank H Yoho | officer: Senior Vice President | 5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240 |
Thomas E Skains | director, officer: Chairman, President and CEO | 214 N TRYON STREET, CHARLOTTE NC 28202 |
Phillip D Wright | director | 17988 EDISON AVE., CHESTERFIELD MO 63005 |
Holding Frank B Jr | director | 4300 SIX FORKS ROAD, RALEIGH NC 27609 |
Vicki W Mcelreath | director | PO BOX 33068, CHARLOTTE NC 28233 |
Minor M Shaw | director | PO BOX 6721, C/O MICCO CORP, GREENVILLE SC 29606 |
John W Harris | director | PO BOX 26532, RICHMOND VA 23261 |
Kim R Cocklin | officer: Vice President | C/O ATMOS ENERGY CORPORATION, PO BOX 650205, DALLAS TX 75256 |
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