Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) 5-Year Yield-on-Cost %

: 5.29 (As of Today)

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Granite Real Estate Investment Trust's yield on cost for the quarter that ended in Dec. 2023 was 5.29.

The historical rank and industry rank for Granite Real Estate Investment Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

GRP.U' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.35 Med: 5.74 Max: 7.47
Current: 5.29

During the past 13 years, Granite Real Estate Investment Trust's highest Yield on Cost was 7.47. The lowest was 3.35. And the median was 5.74.

GRP.U's 5-Year Yield-on-Cost % is ranked worse than
70.83% of 833 companies
in the REITs industry
Industry Median: 7.23 vs GRP.U: 5.29

Competitive Comparison

For the REIT - Industrial subindustry, Granite Real Estate Investment Trust'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.

Granite Real Estate Investment Trust 5-Year Yield-on-Cost % Distribution

For the REITs industry and Real Estate sector, Granite Real Estate Investment Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Granite Real Estate Investment Trust's 5-Year Yield-on-Cost % falls into.

Granite Real Estate Investment Trust 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 Granite Real Estate Investment Trust is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Granite Real Estate Investment Trust (NYSE:GRP.U) 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.

Granite Real Estate Investment Trust 5-Year Yield-on-Cost % Related Terms

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Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Real Estate Investment Trust (NYSE:GRP.U) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

4I7:Germany GRT.UN:Canada

Address

77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre, Toronto, ON, CAN, M5K 1H1

Website

https://www.granitereit.com

Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.