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Corporacion Acciona Energias Renovables (CHIX:ANEE) 5-Year Yield-on-Cost % : 3.34 (As of Jun. 16, 2024)


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What is Corporacion Acciona Energias Renovables 5-Year Yield-on-Cost %?

Corporacion Acciona Energias Renovables's yield on cost for the quarter that ended in Dec. 2023 was 3.34.


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

CHIX:ANEe' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.74   Med: 1.03   Max: 3.63
Current: 3.34


During the past 6 years, Corporacion Acciona Energias Renovables's highest Yield on Cost was 3.63. The lowest was 0.74. And the median was 1.03.


CHIX:ANEe's 5-Year Yield-on-Cost % is ranked worse than
55.37% of 242 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.9 vs CHIX:ANEe: 3.34

Competitive Comparison of Corporacion Acciona Energias Renovables's 5-Year Yield-on-Cost %

For the Utilities - Renewable subindustry, Corporacion Acciona Energias Renovables'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.


Corporacion Acciona Energias Renovables's 5-Year Yield-on-Cost % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Corporacion Acciona Energias Renovables's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Corporacion Acciona Energias Renovables's 5-Year Yield-on-Cost % falls into.



Corporacion Acciona Energias Renovables 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 Corporacion Acciona Energias Renovables is calculated as

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

Corporacion Acciona Energias Renovables  (CHIX:ANEe) 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.


Corporacion Acciona Energias Renovables 5-Year Yield-on-Cost % Related Terms

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Corporacion Acciona Energias Renovables (CHIX:ANEE) Business Description

Traded in Other Exchanges
Address
Avenida de Europa, 18, Parque Empresarial La Moraleja, Alcobendas, Madrid, ESP, 28108
A renewables developer, Acciona Energia was spun off from Spanish industrial conglomerate Acciona in July 2021. The floating share is 17.3%. In June 2022, the group had 9.2 gigawatts of consolidated capacity (11.2 GW of total capacity). Eighty percent of Acciona Energia's capacity is onshore wind, nearly 10% is hydro dams in Spain and 9% is solar photovoltaic. Geographically, 50% of the capacity are located in Spain. The three biggest markets outside Spain are Mexico, the U.S., and Australia accounting for 12%, 11%, and 6% of capacity, respectively.

Corporacion Acciona Energias Renovables (CHIX:ANEE) Headlines

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