Argosy Property (NZSE:ARG) 5-Year Yield-on-Cost % : 6.25 (As of May. 03, 2024)

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What is Argosy Property 5-Year Yield-on-Cost %?

Argosy Property's yield on cost for the quarter that ended in Sep. 2023 was 6.25.

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

NZSE:ARG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.91 Med: 5.65 Max: 8.12
Current: 6.25

During the past 13 years, Argosy Property's highest Yield on Cost was 8.12. The lowest was 3.91. And the median was 5.65.

NZSE:ARG's 5-Year Yield-on-Cost % is ranked worse than
57.64% of 831 companies
in the REITs industry
Industry Median: 7.04 vs NZSE:ARG: 6.25

Competitive Comparison of Argosy Property's 5-Year Yield-on-Cost %

For the REIT - Diversified subindustry, Argosy Property'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.

Argosy Property's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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

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

Argosy Property 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 Argosy Property is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Argosy Property (NZSE:ARG) 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.

Argosy Property 5-Year Yield-on-Cost % Related Terms

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Argosy Property (NZSE:ARG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Argosy Property Ltd (NZSE:ARG) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

IGPYF:USA

Address

Victoria Street West, P.O. Box 90214, 39 Market Place, Auckland, NTL, NZL, 1142

Website

https://www.argosy.co.nz

Argosy Property Ltd's business activity is to invest in and actively manage properties throughout New Zealand. The company's portfolio is centred on the Auckland and Wellington markets and is diversified by industrial, office and Large format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centres, and entertainment venues.

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