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MRVGF (Mirvac Group) 5-Year Yield-on-Cost % : 5.13 (As of Apr. 25, 2025)


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What is Mirvac Group 5-Year Yield-on-Cost %?

Mirvac Group's yield on cost for the quarter that ended in Dec. 2024 was 5.13.


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

MRVGF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.03   Med: 4.61   Max: 7.45
Current: 5.13


During the past 13 years, Mirvac Group's highest Yield on Cost was 7.45. The lowest was 3.03. And the median was 4.61.


MRVGF's 5-Year Yield-on-Cost % is ranked worse than
77.3% of 903 companies
in the REITs industry
Industry Median: 7.15 vs MRVGF: 5.13

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

For the REIT - Diversified subindustry, Mirvac Group'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.


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

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

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


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Mirvac Group 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 Mirvac Group is calculated as

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

Mirvac Group  (OTCPK:MRVGF) 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.


Mirvac Group 5-Year Yield-on-Cost % Related Terms

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


Mirvac Group Business Description

Traded in Other Exchanges
Address
200 George Street, Level 28, Sydney, NSW, AUS, 2000
Mirvac started off as a residential property developer and over time expanded into property investment, funds management, and commercial property development. Investment is the major earnings driver, generating about two thirds of group earnings. The investment portfolio, by book value, is made up of 60% office, 20% retail, 15% industrial and the rest is build-to-rent and land lease assets. Longer-term, Mirvac aims to increase exposure to the industrial and living sectors and own fewer offices and retail centers. Development income is volatile and was around a third of fiscal 2024 group earnings. Besides developing apartments and houses, which Mirvac is best known for, it is also involved in commercial and mixed-use precinct developments.

Mirvac Group Headlines

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