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Getty Realty (FRA:GRL) 5-Year Yield-on-Cost % : 8.47 (As of May. 25, 2024)


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What is Getty Realty 5-Year Yield-on-Cost %?

Getty Realty's yield on cost for the quarter that ended in Mar. 2024 was 8.47.


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

FRA:GRL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.6   Med: 6.19   Max: 10.21
Current: 8.47


During the past 13 years, Getty Realty's highest Yield on Cost was 10.21. The lowest was 3.60. And the median was 6.19.


FRA:GRL's 5-Year Yield-on-Cost % is ranked better than
62.78% of 841 companies
in the REITs industry
Industry Median: 6.96 vs FRA:GRL: 8.47

Competitive Comparison of Getty Realty's 5-Year Yield-on-Cost %

For the REIT - Retail subindustry, Getty Realty'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.


Getty Realty's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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

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



Getty Realty 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 Getty Realty is calculated as

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

Getty Realty  (FRA:GRL) 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.


Getty Realty 5-Year Yield-on-Cost % Related Terms

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Getty Realty (FRA:GRL) Business Description

Traded in Other Exchanges
Address
292 Madison Avenue, 9th Floor, New York, NY, USA, 10017-6318
Getty Realty Corp is the real estate investment trust in the U.S. specializing in the acquisition, financing, and development of convenience, automotive, and other single tenant retail real estate. The company's portfolio includes convenience stores, car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, collision), automotive parts retailers, and certain other freestanding retail properties, including drive-thru quick service restaurants. It generates majority of the revenue in the form of rental income.

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