What is Global Medical REIT 5-Year Yield-on-Cost %?
Global Medical REIT's yield on cost for the quarter that ended in Mar. 2024 was 10.07.
The historical rank and industry rank for Global Medical REIT's 5-Year Yield-on-Cost % or its related term are showing as below:
GMRE'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.88 Med: 8.81 Max: 30.36
Current: 10.07
During the past 13 years, Global Medical REIT's highest Yield on Cost was 30.36. The lowest was 4.88. And the median was 8.81.
GMRE's 5-Year Yield-on-Cost % is ranked better than 75.81% of 835
companies
in the REITs industry
Industry Median: 6.96
vs GMRE: 10.07
Competitive Comparison of Global Medical REIT's 5-Year Yield-on-Cost %
For the REIT - Healthcare Facilities subindustry, Global Medical REIT'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.
Global Medical REIT's 5-Year Yield-on-Cost % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Global Medical REIT's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Global Medical REIT's 5-Year Yield-on-Cost % falls into.
Global Medical REIT 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.
Global Medical REIT (NYSE:GMRE) 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.
Global Medical REIT 5-Year Yield-on-Cost % Related Terms
Thank you for viewing the detailed overview of Global Medical REIT's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
Global Medical REIT (Global Medical REIT) Business Description
Global Medical REIT Inc is a Maryland corporation engaged primarily in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to strong healthcare systems and physician groups. Its healthcare facilities are located in secondary markets and suburbs of primary markets and are typically leased to single-tenants under triple-net leases. Its tenants are physician groups, regional or national healthcare systems or combinations thereof. The company's principal business objective is to provide attractive, risk-adjusted returns to its stockholders through a combination of reliable dividends and long-term capital appreciation.
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