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LGCYP.PFD (Legacy Reserves) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 13, 2024)


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What is Legacy Reserves 5-Year Yield-on-Cost %?

Legacy Reserves's yield on cost for the quarter that ended in Sep. 2019 was 0.00.


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


During the past 13 years, Legacy Reserves's highest Yield on Cost was 214.71. The lowest was 0.00. And the median was 8.89.


LGCYP.PFD's 5-Year Yield-on-Cost % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.255
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Oil & Gas E&P subindustry, Legacy Reserves'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.


Legacy Reserves's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Legacy Reserves's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Legacy Reserves 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 Legacy Reserves is calculated as

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

Legacy Reserves  (NAS:LGCYP.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.


Legacy Reserves 5-Year Yield-on-Cost % Related Terms

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Legacy Reserves Business Description

Traded in Other Exchanges
N/A
Address
303 West Wall Street, Suite 1800, Midland, TX, USA, 79701
Legacy Reserves LP is a limited partnership which focuses on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, East Texas, Rocky Mountain and Mid-Continent regions of the United States. The company owns an interest in producing oil and natural gas properties in the Permian Basin, East Texas, Piceance Basin of Colorado, Texas Panhandle, Wyoming, North Dakota, Montana, Oklahoma and several other states. The company operates through the segment being the Acquisition and development of oil and natural gas properties.