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Terna SpA (Terna SpA) 5-Year Yield-on-Cost % : 6.29 (As of Apr. 28, 2024)


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What is Terna SpA 5-Year Yield-on-Cost %?

Terna SpA's yield on cost for the quarter that ended in Sep. 2023 was 6.29.


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

TEZNY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.82   Med: 6.07   Max: 9
Current: 6.29


During the past 13 years, Terna SpA's highest Yield on Cost was 9.00. The lowest was 4.82. And the median was 6.07.


TEZNY's 5-Year Yield-on-Cost % is ranked better than
67.44% of 430 companies
in the Utilities - Regulated industry
Industry Median: 4.63 vs TEZNY: 6.29

Competitive Comparison of Terna SpA's 5-Year Yield-on-Cost %

For the Utilities - Regulated Electric subindustry, Terna SpA'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.


Terna SpA's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Terna SpA's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Terna SpA 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 Terna SpA is calculated as

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

Terna SpA  (OTCPK:TEZNY) 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.


Terna SpA 5-Year Yield-on-Cost % Related Terms

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Terna SpA (Terna SpA) Business Description

Traded in Other Exchanges
Address
Viale Egidio Galbani, 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.

Terna SpA (Terna SpA) Headlines

From GuruFocus

Terna SpA's Dividend Analysis

By GuruFocus Research 11-23-2023