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Teekay LNG Partners LP (Teekay LNG Partners LP) 5-Year Yield-on-Cost % : 3.32 (As of May. 11, 2024)


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What is Teekay LNG Partners LP 5-Year Yield-on-Cost %?

Teekay LNG Partners LP's yield on cost for the quarter that ended in Dec. 2023 was 3.32.


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

TGP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.34   Med: 3.31   Max: 14.21
Current: 3.32


During the past 13 years, Teekay LNG Partners LP's highest Yield on Cost was 14.21. The lowest was 1.34. And the median was 3.31.


TGP's 5-Year Yield-on-Cost % is not ranked
in the Oil & Gas industry.
Industry Median: 4.77 vs TGP: 3.32

Competitive Comparison of Teekay LNG Partners LP's 5-Year Yield-on-Cost %

For the Oil & Gas Midstream subindustry, Teekay LNG 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.


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

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

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



Teekay LNG 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 Teekay LNG Partners LP is calculated as

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

Teekay LNG Partners LP  (NYSE:TGP) 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.


Teekay LNG Partners LP 5-Year Yield-on-Cost % Related Terms

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Teekay LNG Partners LP (Teekay LNG Partners LP) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2000, Bentall 5, Vancouver, BC, CAN, V6C 2K2
Seapeak LLC is a provider of marine transportation services for liquefied natural gas, liquefied petroleum gas and crude oil. The company operates into two segments namely: the LNG segment and the NGL segment. The Company has renamed its LPG segment as the NGL segment. LNG segment consists of LNG carriers which generally operate under long-term, fixed-rate charters to international energy companies. NGL segment consists of LPG, Ethane and multi-gas carriers which generally operate under voyage charters or time charters. It derives maximum revenue from the LNG segment. The majority of these services are provided through either a time charter, voyage charter, and bareboat charter contract.