Capital Power (TSX:CPX.PR.G.PFD) 5-Year Yield-on-Cost % : 8.30 (As of Apr. 25, 2024)

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What is Capital Power 5-Year Yield-on-Cost %?

Capital Power's yield on cost for the quarter that ended in Dec. 2023 was 8.30.

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

TSX:CPX.PR.G.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.88 Med: 8.16 Max: 11.69
Current: 8.3

During the past 13 years, Capital Power's highest Yield on Cost was 11.69. The lowest was 5.88. And the median was 8.16.

TSX:CPX.PR.G.PFD's 5-Year Yield-on-Cost % is ranked better than
80.49% of 246 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.6 vs TSX:CPX.PR.G.PFD: 8.30

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

For the Utilities - Independent Power Producers subindustry, Capital Power'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.

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

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

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

Capital Power 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 Capital Power is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Capital Power (TSX:CPX.PR.G.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.

Capital Power 5-Year Yield-on-Cost % Related Terms

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Capital Power (TSX:CPX.PR.G.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Capital Power Corp (TSX:CPX.PR.G.PFD) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

CPWPF.PFD:USA CPRHF.PFD:USA CPXWF:USA 2CP:Germany CPX.PR.K.PFD:Canada CPX.PR.E.PFD:Canada CPX.PR.C.PFD:Canada CPX.PR.A.PFD:Canada CPX:Canada

Address

10423 - 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9

Website

https://www.capitalpower.com

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for most of its electric capacity and cash flow production. The company generates the vast majority of its revenue from sales of electricity and natural gas. Its customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.

Capital Power (TSX:CPX.PR.G.PFD) Headlines

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