APA Group (ASX:APA) 5-Year Yield-on-Cost % : 7.96 (As of Apr. 24, 2024)

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What is APA Group 5-Year Yield-on-Cost %?

APA Group's yield on cost for the quarter that ended in Dec. 2023 was 7.96.

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

ASX:APA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.43 Med: 5.97 Max: 8.53
Current: 7.96

During the past 13 years, APA Group's highest Yield on Cost was 8.53. The lowest was 4.43. And the median was 5.97.

ASX:APA's 5-Year Yield-on-Cost % is ranked better than
79.25% of 429 companies
in the Utilities - Regulated industry
Industry Median: 4.69 vs ASX:APA: 7.96

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

For the Utilities - Regulated Gas subindustry, APA Group'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.

APA Group's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

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

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

APA Group 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 APA Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

APA Group (ASX:APA) 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.

APA Group 5-Year Yield-on-Cost % Related Terms

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APA Group (ASX:APA) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

APAJF:USA PJZ:Germany

Address

580 George Street, Level 25, Sydney, NSW, AUS, 2000

Website

https://www.apa.com.au

APA Group is Australia's largest gas infrastructure company with an extensive portfolio of transmission pipelines, distribution networks, and storage facilities, and is increasingly investing in renewable energy generation, electricity transmission, and batteries. It is internally managed and has direct operational control over all assets. It owns minority stakes in a few smaller gas infrastructure companies and manages operations for most of these. The stapled securities comprise a unit in Australian Pipeline Trust and in APT Investment Trust.