Centerspace (Centerspace) 5-Year Yield-on-Cost % : 8.57 (As of May. 01, 2024)

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What is Centerspace 5-Year Yield-on-Cost %?

Centerspace's yield on cost for the quarter that ended in Mar. 2024 was 8.57.

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

IRETPR.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.69 Med: 5.45 Max: 9.57
Current: 8.57

During the past 13 years, Centerspace's highest Yield on Cost was 9.57. The lowest was 2.69. And the median was 5.45.

IRETPR.PFD's 5-Year Yield-on-Cost % is ranked worse than
76.39% of 830 companies
in the REITs industry
Industry Median: 7.07 vs IRETPR.PFD: 8.57

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

For the REIT - Residential subindustry, Centerspace'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.

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

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

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

Centerspace 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 Centerspace is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Centerspace (NYSE:IRETPR.PFD) 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.

Centerspace 5-Year Yield-on-Cost % Related Terms

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Centerspace (Centerspace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centerspace (NYSE:IRETPR.PFD) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

NXRT UMH AIV ELME VRE BRT FREVS BHM CLPR IRT AVB EQR INVH ESS MAA SUI AMH UDR ELS CPT

Traded in Other Exchanges

CSRpC.PFD:USA CSR:USA

Address

3100 10th Street SW, Post Office Box 1988, Minot, ND, USA, 58702-1988

Website

https://www.centerspacehomes.com

Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment, and it owns properties in the following states: Minnesota, Colorado, North Dakota, Nebraska, South Dakota, and Montana. Rental income represents the company's main source of revenue, and properties owned in Minnesota, Colorado, and North Dakota represent the majority of the firm's commercial presence.