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CLP Holdings (CLP Holdings) 5-Year Yield-on-Cost % : 5.39 (As of Apr. 26, 2024)


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What is CLP Holdings 5-Year Yield-on-Cost %?

CLP Holdings's yield on cost for the quarter that ended in Dec. 2023 was 5.39.


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

CLPHF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.11   Med: 4.09   Max: 6.19
Current: 5.39


During the past 13 years, CLP Holdings's highest Yield on Cost was 6.19. The lowest was 3.11. And the median was 4.09.


CLPHF's 5-Year Yield-on-Cost % is ranked better than
60.47% of 430 companies
in the Utilities - Regulated industry
Industry Median: 4.62 vs CLPHF: 5.39

Competitive Comparison of CLP Holdings's 5-Year Yield-on-Cost %

For the Utilities - Regulated Electric subindustry, CLP Holdings'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.


CLP Holdings's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

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

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



CLP Holdings 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 CLP Holdings is calculated as

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

CLP Holdings  (OTCPK:CLPHF) 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.


CLP Holdings 5-Year Yield-on-Cost % Related Terms

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CLP Holdings (CLP Holdings) Business Description

Traded in Other Exchanges
Address
8 Laguna Verde Avenue, Hung Hom, Kowloon, Hong Kong, HKG
CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.

CLP Holdings (CLP Holdings) Headlines

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CLP Holdings Ltd's Dividend Analysis

By GuruFocus Research 12-04-2023