New Fortress Energy (New Fortress Energy) 5-Year Yield-on-Cost % : 1.50 (As of Apr. 25, 2024)

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What is New Fortress Energy 5-Year Yield-on-Cost %?

New Fortress Energy's yield on cost for the quarter that ended in Dec. 2023 was 1.50.

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

NFE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.18 Med: 1.26 Max: 13.1
Current: 1.5

During the past 8 years, New Fortress Energy's highest Yield on Cost was 13.10. The lowest was 0.18. And the median was 1.26.

NFE's 5-Year Yield-on-Cost % is ranked worse than
85.81% of 430 companies
in the Utilities - Regulated industry
Industry Median: 4.635 vs NFE: 1.50

Competitive Comparison of New Fortress Energy's 5-Year Yield-on-Cost %

For the Utilities - Regulated Gas subindustry, New Fortress 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.

New Fortress Energy's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

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

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

New Fortress 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 New Fortress Energy is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

New Fortress Energy (NAS:NFE) 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.

New Fortress Energy 5-Year Yield-on-Cost % Related Terms

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New Fortress Energy (New Fortress Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » New Fortress Energy Inc (NAS:NFE) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

NF0:Germany NF0:Germany

Address

111 W. 19th Street, 8th Floor, New York, NY, USA, 10011

Website

https://www.newfortressenergy.com

New Fortress Energy is an integrated gas-to-power company. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. It has invested in floating, liquefied natural gas vessels to both lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include terminals and infrastructure, or T&I, and ships.

Executives

Desmond Iain Catterall	director	C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Timothy W. Jay	director	111 W 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
Matthew Wilkinson	director	C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
C. William Griffin	director	C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Katherine Wanner	director	C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Nfe Smrs Holdings Llc	10 percent owner	10 STATION PLACE, P.O. BOX 233, NORFOLK CT 06058
Yunyoung Shin	officer: Chief Accounting Officer	C/O NEW FORTRESS ENERGY, 111 WEST 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
John J Mack	director	C/O MORGAN STANLEY 1585 BROADWAY, NEW YORK NY 10036
Lynn Edens	10 percent owner	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Edens Family Holdings Llc	10 percent owner	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Alexander Thomson	10 percent owner	10 STATION PLACE, P.O. BOX 233, NORFOLK CT 06058
Jonathan Rotolo	10 percent owner	10 STATION PLACE, P.O. BOX 233, NORFOLK CT 06058
Great Mountain Partners Llc	10 percent owner	157 CHURCH STREET, 20TH FLOOR, NEW HAVEN CT 06510
David J Grain	director	C/O MOTIENT CORPORATION, 300 KNIGHTSBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Wesley R Edens	director, officer: Chief Executive Officer	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105