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Choice Properties Real Estate Investment Trust (TSX:CHP.UN) 5-Year Yield-on-Cost % : 5.82 (As of May. 12, 2024)


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

Choice Properties Real Estate Investment Trust's yield on cost for the quarter that ended in Mar. 2024 was 5.82.


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

TSX:CHP.UN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.63   Med: 5.49   Max: 6.57
Current: 5.82


During the past 11 years, Choice Properties Real Estate Investment Trust's highest Yield on Cost was 6.57. The lowest was 4.63. And the median was 5.49.


TSX:CHP.UN's 5-Year Yield-on-Cost % is ranked worse than
61.8% of 835 companies
in the REITs industry
Industry Median: 6.96 vs TSX:CHP.UN: 5.82

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

For the REIT - Retail subindustry, Choice Properties 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.


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

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

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



Choice Properties 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 Choice Properties Real Estate Investment Trust is calculated as

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

Choice Properties Real Estate Investment Trust  (TSX:CHP.UN) 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.


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

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Choice Properties Real Estate Investment Trust (TSX:CHP.UN) Business Description

Traded in Other Exchanges
Address
22 St. Clair Avenue East, Suite 700, Toronto, ON, CAN, M4T 2S5
Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use and residential properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generate the majority of revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.

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