GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PNE AG (FRA:PNE3) » Definitions » 5-Year Yield-on-Cost %

PNE AG (FRA:PNE3) 5-Year Yield-on-Cost % : 0.28 (As of May. 25, 2024)


View and export this data going back to 1998. Start your Free Trial

What is PNE AG 5-Year Yield-on-Cost %?

PNE AG's yield on cost for the quarter that ended in Mar. 2024 was 0.28.


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

FRA:PNE3' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.17   Med: 1.53   Max: 5.26
Current: 0.28


During the past 13 years, PNE AG's highest Yield on Cost was 5.26. The lowest was 0.17. And the median was 1.53.


FRA:PNE3's 5-Year Yield-on-Cost % is ranked worse than
94.14% of 239 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.88 vs FRA:PNE3: 0.28

Competitive Comparison of PNE AG's 5-Year Yield-on-Cost %

For the Utilities - Renewable subindustry, PNE AG'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.


PNE AG's 5-Year Yield-on-Cost % Distribution in the Utilities - Independent Power Producers Industry

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

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



PNE AG 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 PNE AG is calculated as

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

PNE AG  (FRA:PNE3) 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.


PNE AG 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of PNE AG's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


PNE AG (FRA:PNE3) Business Description

Traded in Other Exchanges
Address
Peter-Henlein-Strasse 2-4, Cuxhaven, NI, DEU, 27472
PNE AG is a wind farm developer in the offshore area. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: Project development; Service products; and Electricity generation. The project development segment reports sub-divisions such as onshore wind power - national and international, offshore wind power - national and international, and photovoltaic projects - national and international, as well as other projects.

PNE AG (FRA:PNE3) Headlines

No Headlines