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Artis Real Estate Investment Trust (TSX:AX.PR.I.PFD) 5-Year Yield-on-Cost % : 6.99 (As of Apr. 26, 2024)


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What is Artis Real Estate Investment Trust 5-Year Yield-on-Cost %?

Artis Real Estate Investment Trust's yield on cost for the quarter that ended in Dec. 2023 was 6.99.


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

TSX:AX.PR.I.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.06   Med: 5.59   Max: 9.01
Current: 6.99

During the past 13 years, Artis Real Estate Investment Trust's highest Yield on Cost was 9.01. The lowest was 3.06. And the median was 5.59.


TSX:AX.PR.I.PFD's 5-Year Yield-on-Cost % is ranked worse than
53.17% of 835 companies
in the REITs industry
Industry Median: 7.1 vs TSX:AX.PR.I.PFD: 6.99

Competitive Comparison of Artis Real Estate Investment Trust's 5-Year Yield-on-Cost %

For the REIT - Diversified subindustry, Artis 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.

Artis Real Estate Investment Trust's 5-Year Yield-on-Cost % Distribution in the REITs Industry

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

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


Artis 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 Artis Real Estate Investment Trust is calculated as

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

Artis Real Estate Investment Trust  (TSX:AX.PR.I.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.

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

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Artis Real Estate Investment Trust (TSX:AX.PR.I.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Artis Real Estate Investment Trust (TSX:AX.PR.I.PFD) » Definitions » 5-Year Yield-on-Cost %
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TSX:MRT.UN TSXV:NET.UN TSX:MPCT.UN TSX:MR.UN TSX:HR.UN TSX:CRR.UN VICI BSP:HSRE11 WPC ASX:SGP FUNO11 LSE:LAND ASX:MGR ASX:GPT LSE:UTG LSE:LMP XPAR:COV LSE:BLND EPRT TSE:8972
Traded in Other Exchanges
ARESF:USA AX.UN:Canada AX.PR.E.PFD:Canada
Address
220 Portage Avenue, Suite 600, Winnipeg, MB, CAN, R3C 0A5
Website
https://www.artisreit.com
Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and selects markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

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