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Tallgrass Energy Partners LP (Tallgrass Energy Partners LP) 5-Year Yield-on-Cost % : 8.80 (As of May. 11, 2024)


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What is Tallgrass Energy Partners LP 5-Year Yield-on-Cost %?

Tallgrass Energy Partners LP's yield on cost for the quarter that ended in Mar. 2018 was 8.80.


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

TEP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8.8
Current: 8.8

During the past 7 years, Tallgrass Energy Partners LP's highest Yield on Cost was 8.80. The lowest was 0.00. And the median was 0.00.


TEP's 5-Year Yield-on-Cost % is not ranked
in the Oil & Gas industry.
Industry Median: 4.77 vs TEP: 8.80

Competitive Comparison of Tallgrass Energy Partners LP's 5-Year Yield-on-Cost %

For the Oil & Gas Midstream subindustry, Tallgrass Energy Partners LP'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.

Tallgrass Energy Partners LP's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

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

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


Tallgrass Energy Partners LP 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 Tallgrass Energy Partners LP is calculated as

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

Tallgrass Energy Partners LP  (NYSE:TEP) 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.

Tallgrass Energy Partners LP 5-Year Yield-on-Cost % Related Terms

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Tallgrass Energy Partners LP (Tallgrass Energy Partners LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tallgrass Energy Partners LP (NYSE:TEP) » Definitions » 5-Year Yield-on-Cost %
Comparable Companies
NS HEP GEL BOG:PROMIGAS TSX:ALA CEQP TCP PAGP HKSE:03633 TSX:GEI XBRU:FLUX DCP AM VNOM SHLX ALTM BPMP TSX:KEY NBLX SZSE:002267
Traded in Other Exchanges
N/A
Address
Website
http://www.tallgrassenergy.com
Tallgrass Energy Partners is a young master limited partnership that focuses opportunistically on growth through acquisition and development of natural gas and crude oil transportation, as well as gathering and processing assets. Tallgrass operates and has participating interests in some of the more strategically important midstream assets in the Bakken and Rockies (for example, the REX and Pony Express lines).
Executives
Frank J Loverro director 320 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022
William R. Moler director, officer: See Remarks 4200 WEST 115TH STREET, SUITE 350, LEAWOOD KS 66211
Dehaemers David G Jr director, officer: See Remarks 4200 WEST 115TH STREET, SUITE 350, LEAWOOD KS 66211
Osborne Stanley De J director C/O KELSO AND COMPANY, 320 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022
John T Raymond director THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002