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ERG SPA (MIL:ERG) 5-Year Yield-on-Cost % : 4.03 (As of Jun. 25, 2024)


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What is ERG SPA 5-Year Yield-on-Cost %?

ERG SPA's yield on cost for the quarter that ended in Mar. 2024 was 4.03.


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

MIL:ERG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.17   Med: 3.89   Max: 7.05
Current: 4.03


During the past 13 years, ERG SPA's highest Yield on Cost was 7.05. The lowest was 2.17. And the median was 3.89.


MIL:ERG's 5-Year Yield-on-Cost % is ranked better than
50.61% of 247 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.9 vs MIL:ERG: 4.03

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

For the Utilities - Renewable subindustry, ERG SPA'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.


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

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

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



ERG SPA 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 ERG SPA is calculated as

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

ERG SPA  (MIL:ERG) 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.


ERG SPA 5-Year Yield-on-Cost % Related Terms

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ERG SPA (MIL:ERG) Business Description

Traded in Other Exchanges
Address
Via De Marini, 1, Torre WTC, Genoa, ITA, 16149
ERG SPA produces electricity from clean, renewable, and sustainable sources. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew that focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Natural gas production contributes the most revenue for ERG, and is churned out from a cogeneration plant that produces electricity and steam. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.

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