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Power Assets Holdings (Power Assets Holdings) 5-Year Yield-on-Cost % : 6.28 (As of Apr. 25, 2024)


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What is Power Assets Holdings 5-Year Yield-on-Cost %?

Power Assets Holdings's yield on cost for the quarter that ended in Dec. 2023 was 6.28.


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

HGKGY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.99   Med: 5.04   Max: 7.99
Current: 6.28


During the past 13 years, Power Assets Holdings's highest Yield on Cost was 7.99. The lowest was 2.99. And the median was 5.04.


HGKGY's 5-Year Yield-on-Cost % is ranked better than
66.67% of 246 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.6 vs HGKGY: 6.28

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

For the Utilities - Independent Power Producers subindustry, Power Assets 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.


Power Assets Holdings's 5-Year Yield-on-Cost % Distribution in the Utilities - Independent Power Producers Industry

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

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



Power Assets 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 Power Assets Holdings is calculated as

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

Power Assets Holdings  (OTCPK:HGKGY) 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.


Power Assets Holdings 5-Year Yield-on-Cost % Related Terms

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Power Assets Holdings (Power Assets Holdings) Business Description

Traded in Other Exchanges
Address
2 Queen's Road Central, Unit 2005, 20th Floor, Cheung Kong Center, Hong Kong, HKG
Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the U.K., Australia, Canada, Europe, and New Zealand. Profit from its regulated assets make up around 80% of total income, with contribution from its U.K. and Australian assets totaling more than 60% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CK Infrastructure Holdings.

Power Assets Holdings (Power Assets Holdings) Headlines