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Abits Group (Abits Group) 5-Year Yield-on-Cost % : 0.00 (As of May. 26, 2024)


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What is Abits Group 5-Year Yield-on-Cost %?

Abits Group's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



ABTS's 5-Year Yield-on-Cost % is not ranked *
in the Capital Markets industry.
Industry Median: 3.04
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Capital Markets subindustry, Abits Group'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.


Abits Group's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abits Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Abits Group 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 Abits Group is calculated as

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

Abits Group  (NAS:ABTS) 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.


Abits Group 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Abits Group's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Abits Group (Abits Group) Business Description

Traded in Other Exchanges
N/A
Address
30 Canton Road, Unit 911, Tower 2, Silvercord, Tsimshatsui, Hong Kong SAR, CHN
Abits Group Inc Formerly Moxian (BVI) Inc operates in the bitcoin mining industry. The company is engaged digital asset mining pools by executing contracts with mining pool operators to provide computing power to the mining pool. The Company provides computing power to the mining pool operator and is created as power is provided over time.
Executives
Deng Conglin director ROOM BC, 9TH FLOOR, FU HUA BUILDING, NO. 8 BEI DA STREET, CHAO YANG DISTRICT, BEIJING F4 100000

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