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Var Energi ASA (Var Energi ASA) 5-Year Yield-on-Cost % : 13.75 (As of May. 17, 2024)


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What is Var Energi ASA 5-Year Yield-on-Cost %?

Var Energi ASA's yield on cost for the quarter that ended in Mar. 2024 was 13.75.


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

VARRY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.81   Med: 13.26   Max: 17.28
Current: 13.75


During the past 6 years, Var Energi ASA's highest Yield on Cost was 17.28. The lowest was 1.81. And the median was 13.26.


VARRY's 5-Year Yield-on-Cost % is ranked better than
84.34% of 498 companies
in the Oil & Gas industry
Industry Median: 4.775 vs VARRY: 13.75

Competitive Comparison of Var Energi ASA's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Var Energi ASA'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.


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

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

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



Var Energi ASA 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 Var Energi ASA is calculated as

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

Var Energi ASA  (OTCPK:VARRY) 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.


Var Energi ASA 5-Year Yield-on-Cost % Related Terms

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Var Energi ASA (Var Energi ASA) Business Description

Traded in Other Exchanges
Address
Vestre Svanholmen 1, Sandnes, NOR, 4313
Var Energi ASA independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. Revenues are mainly related to the sale of oil, gas, and NGL.

Var Energi ASA (Var Energi ASA) Headlines

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