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Westbridge Renewable Energy (TSXV:WEB) 5-Year Yield-on-Cost % : 0.00 (As of May. 20, 2024)


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What is Westbridge Renewable Energy 5-Year Yield-on-Cost %?

Westbridge Renewable Energy's yield on cost for the quarter that ended in Feb. 2024 was 0.00.


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



TSXV:WEB's 5-Year Yield-on-Cost % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 3.85
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Utilities - Renewable subindustry, Westbridge Renewable 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.


Westbridge Renewable Energy's 5-Year Yield-on-Cost % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Westbridge Renewable Energy's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Westbridge Renewable 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 Westbridge Renewable Energy is calculated as

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

Westbridge Renewable Energy  (TSXV:WEB) 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.


Westbridge Renewable Energy 5-Year Yield-on-Cost % Related Terms

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Westbridge Renewable Energy (TSXV:WEB) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Westbridge Renewable Energy Corp is focused on delivering attractive, long-term returns by identifying, originating, and developing a global portfolio of renewable assets for investors and utilities. It develops best-in-class, utility-scale solar PV projects. It is turning green fields and the power of the sun into a reliable, sustainable flow of energy.
Executives
Pandelis Vassilakakis Senior Officer