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TC Energy (STU:TRS) 5-Year Yield-on-Cost % : 7.78 (As of Dec. 15, 2024)


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What is TC Energy 5-Year Yield-on-Cost %?

TC Energy's yield on cost for the quarter that ended in Sep. 2024 was 7.78.


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

STU:TRS' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.9   Med: 7.19   Max: 12
Current: 7.78


During the past 13 years, TC Energy's highest Yield on Cost was 12.00. The lowest was 4.90. And the median was 7.19.


STU:TRS's 5-Year Yield-on-Cost % is ranked better than
66.47% of 498 companies
in the Oil & Gas industry
Industry Median: 5.265 vs STU:TRS: 7.78

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

For the Oil & Gas Midstream subindustry, TC Energy'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.


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

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

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



TC Energy 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 TC Energy is calculated as

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

TC Energy  (STU:TRS) 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.


TC Energy 5-Year Yield-on-Cost % Related Terms

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TC Energy Business Description

Industry
Address
450 - 1st Street SW, Calgary, AB, CAN, T2P 5H1
TC Energy operates natural gas, oil, and power generation assets in Canada and the United States. The firm operates more than 60,000 miles of oil and gas pipelines, more than 650 billion cubic feet of natural gas storage, and about 4,300 megawatts of electric power.