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Veresen (TSX:VSN.PR.E.PFD) 5-Year Yield-on-Cost % : 4.87 (As of Jun. 07, 2024)


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What is Veresen 5-Year Yield-on-Cost %?

Veresen's yield on cost for the quarter that ended in Jun. 2017 was 4.87.


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

TSX:VSN.PR.E.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.87   Med: 8.03   Max: 15.02
Current: 4.87


During the past 13 years, Veresen's highest Yield on Cost was 15.02. The lowest was 4.87. And the median was 8.03.


TSX:VSN.PR.E.PFD's 5-Year Yield-on-Cost % is not ranked
in the Oil & Gas industry.
Industry Median: 4.9 vs TSX:VSN.PR.E.PFD: 4.87

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

For the Oil & Gas Midstream subindustry, Veresen'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.


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

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

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



Veresen 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 Veresen is calculated as

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

Veresen  (TSX:VSN.PR.E.PFD) 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.


Veresen 5-Year Yield-on-Cost % Related Terms

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Veresen (TSX:VSN.PR.E.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Veresen Inc is an energy infrastructure company based in Calgary, Alberta, Canada. It owns and operates energy infrastructure assets across North America. The Company operates in three business segments, Pipelines, Midstream, and Power. The Company's Pipelines segment owns a 1,330-kilometre pipeline system that transports purity ethane from various Alberta ethane extraction plants to Alberta's major petrochemical complexes located near Joffre and Fort Saskatchewan, Alberta; and also owns a 3,000-kilometre natural gas pipeline comprised of a mainline and various connecting lateral pipelines. This pipeline extends from northeastern B.C. to points near Chicago, Illinois. It's Midstream Business segment is comprised of two natural gas processing plants with combined functional capacity of 516 mmcf/d, as well as approximately 40,000 horsepower of compression and 370 km of gas gathering lines and is located in the Cutbank Ridge region of Alberta and British Columbia. The Hythe plant processes both sour and sweet natural gas, while the Steeprock plant is a sour gas processing facility. While, its Power Business segment operates, a Gas-Fired Generation facility consisting of an 86-MW cogeneration facility located in Windsor, Ontario; 17-MW cogeneration facility located in London, Ontario; 49-MW cogeneration facility located in Ripon, California; 44-MW cogeneration facility located in Pomona, California; and 70-MW combined cycle power cogeneration facility located in Brush, Colorado; an district energy system that produces and distributes steam and chilled water fueled primarily by natural gas, located in London, Ontario; and a district energy system that produces and distributes steam, hot water and electricity fueled primarily by biomass and waste fuel, located in Charlottetown, P.E.I.; a Run-of-River Hydro facility that produces a 33-MW run-of-river hydroelectric power located on the Black River near Watertown, New York; an 11-MW run-of-river power facility located 30 km north of Vancouver, B.C.; two 5-MW waste-heat power generation facilities located at Spectra pipeline's 150 Mile House and Savona, B.C. compressor stations; and a 33-MW wind project under construction in the County of Huron, Ontario; and also operates two wind power facilities, 9-MW and 11-MW, respectively, near Grand Valley, Ontario.

Veresen (TSX:VSN.PR.E.PFD) Headlines

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