Superior Plus (TSX:SPB) 5-Year Yield-on-Cost % : 7.60 (As of May. 02, 2024)

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What is Superior Plus 5-Year Yield-on-Cost %?

Superior Plus's yield on cost for the quarter that ended in Dec. 2023 was 7.60.

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

TSX:SPB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.04 Med: 5.92 Max: 10.39
Current: 7.6

During the past 13 years, Superior Plus's highest Yield on Cost was 10.39. The lowest was 4.04. And the median was 5.92.

TSX:SPB's 5-Year Yield-on-Cost % is ranked better than
76.58% of 427 companies
in the Utilities - Regulated industry
Industry Median: 4.56 vs TSX:SPB: 7.60

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

For the Utilities - Regulated Gas subindustry, Superior Plus'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.

Superior Plus's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Superior Plus's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Superior Plus 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 Superior Plus is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Superior Plus (TSX:SPB) 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.

Superior Plus 5-Year Yield-on-Cost % Related Terms

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Superior Plus (TSX:SPB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Superior Plus Corp (TSX:SPB) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

SUUIF:USA 8SP:Germany

Address

200 Wellington Street West, Suite 401, Toronto, ON, CAN, M5V 3C7

Website

https://www.superiorplus.com

Superior Plus Corp is a Canadian-based company that distributes energy and specialty chemicals. The company is organized into three business segments: U.S. Propane, Canadian Propane & Wholesale Propane, out of which the majority is from the U.S. Propane segment. The products & services offered by the company include wholesale procurement, distribution, related services for propane and other refined fuels, and supply of chemicals required by industries. The U.S. Propane segment distributes propane gas & liquid fuels along the Eastern U.S. & into the Midwest and California. The Canadian Propane segment includes the Canadian retail business with operations across Canada. The Wholesale Propane segment is the wholesale business with operations in Canada & the Western United States.