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True North Commercial REIT (TSX:TNT.UN) 5-Year Yield-on-Cost % : 0.78 (As of Dec. 14, 2024)


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What is True North Commercial REIT 5-Year Yield-on-Cost %?

True North Commercial REIT's yield on cost for the quarter that ended in Sep. 2024 was 0.78.


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

TSX:TNT.UN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.67   Med: 5.81   Max: 20.07
Current: 0.78


During the past 12 years, True North Commercial REIT's highest Yield on Cost was 20.07. The lowest was 0.67. And the median was 5.81.


TSX:TNT.UN's 5-Year Yield-on-Cost % is ranked worse than
96.67% of 900 companies
in the REITs industry
Industry Median: 6.815 vs TSX:TNT.UN: 0.78

Competitive Comparison of True North Commercial REIT's 5-Year Yield-on-Cost %

For the REIT - Office subindustry, True North Commercial REIT'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.


True North Commercial REIT's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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

* The bar in red indicates where True North Commercial REIT's 5-Year Yield-on-Cost % falls into.



True North Commercial REIT 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 True North Commercial REIT is calculated as

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

True North Commercial REIT  (TSX:TNT.UN) 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.


True North Commercial REIT 5-Year Yield-on-Cost % Related Terms

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True North Commercial REIT Business Description

Traded in Other Exchanges
Address
3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires commercial real estate in Canada. The objective is to maximize the total profit for shareholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.

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