Spire (SRPA.PFD) 5-Year Yield-on-Cost % : 7.70 (As of Apr. 25, 2024)

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What is Spire 5-Year Yield-on-Cost %?

Spire's yield on cost for the quarter that ended in Dec. 2023 was 7.70.

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

SRpA.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.28 Med: 4.43 Max: 7.7
Current: 7.7

During the past 13 years, Spire's highest Yield on Cost was 7.70. The lowest was 3.28. And the median was 4.43.

SRpA.PFD's 5-Year Yield-on-Cost % is ranked better than
65.81% of 430 companies
in the Utilities - Regulated industry
Industry Median: 4.635 vs SRpA.PFD: 7.70

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

For the Utilities - Regulated Gas subindustry, Spire'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.

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

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

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

Spire 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 Spire is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Spire (NYSE:SRpA.PFD) 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.

Spire 5-Year Yield-on-Cost % Related Terms

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Spire (SRPA.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Spire Inc (NYSE:SRpA.PFD) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

SRCU:USA SR:USA LGR:Germany

Address

700 Market Street, Saint Louis, MO, USA, 63101

Website

https://www.spireenergy.com

Spire Inc is a public utility holding company with three reportable business segments: Gas Utility , Gas Marketing and Midstream. The Gas Utility segment includes the regulated operations of Laclede Gas, Alabama Gas Corporation (Alagasco), and EnergySouth Inc. The Utilities businesses operations include the purchase, retail, distribution, and sale of natural gas in Missouri, Alabama, and Mississippi. The Gas Utility segment generates a majority of the company's revenue but is subject to seasonal fluctuations. The Gas Marketing segment includes Laclede Energy Resources, Inc, whose operations include the marketing of natural gas and related activities on a non-regulated basis and the Midstream segment includes transportation and storage of natural gas.