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Cogeco Communications (TSX:CCA) 5-Year Yield-on-Cost % : 10.02 (As of Apr. 28, 2024)


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What is Cogeco Communications 5-Year Yield-on-Cost %?

Cogeco Communications's yield on cost for the quarter that ended in Feb. 2024 was 10.02.


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

TSX:CCA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.66   Med: 3.67   Max: 10.02
Current: 10.02


During the past 13 years, Cogeco Communications's highest Yield on Cost was 10.02. The lowest was 2.66. And the median was 3.67.


TSX:CCA's 5-Year Yield-on-Cost % is ranked better than
81.7% of 224 companies
in the Telecommunication Services industry
Industry Median: 4.555 vs TSX:CCA: 10.02

Competitive Comparison of Cogeco Communications's 5-Year Yield-on-Cost %

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications's 5-Year Yield-on-Cost % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Cogeco Communications 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 Cogeco Communications is calculated as

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

Cogeco Communications  (TSX:CCA) 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.


Cogeco Communications 5-Year Yield-on-Cost % Related Terms

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Cogeco Communications (TSX:CCA) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides Internet, video and phone services to residential, business and other customers. The reportable segments of the company are Canadian telecommunications and American telecommunications. The company earns majority of its revenue from American telecommunications. The company operates in Canada and United States.

Cogeco Communications (TSX:CCA) Headlines