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Ace Global Business Acquisition (Ace Global Business Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 05, 2024)


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What is Ace Global Business Acquisition 5-Year Yield-on-Cost %?

Ace Global Business Acquisition's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



ACBAU's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.97
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Ace Global Business Acquisition's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Ace Global Business Acquisition'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.


Ace Global Business Acquisition's 5-Year Yield-on-Cost % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Ace Global Business Acquisition's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Ace Global Business Acquisition's 5-Year Yield-on-Cost % falls into.



Ace Global Business Acquisition 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 Ace Global Business Acquisition is calculated as

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

Ace Global Business Acquisition  (NAS:ACBAU) 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.


Ace Global Business Acquisition 5-Year Yield-on-Cost % Related Terms

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Ace Global Business Acquisition (Ace Global Business Acquisition) Business Description

Traded in Other Exchanges
Address
Tower 2, Lippo Centre, No. 89, Rm. 806, 8/F, Queensway, Admiralty, Hong Kong, HKG
Website
Ace Global Business Acquisition Ltd is a newly organized blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Yan Yannie Xu director 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Tan Nicholas Xue-wei officer: Chief Financial Officer 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Leslie Chow director 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Ace Global Investment Ltd 10 percent owner 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Robert Yeung Morris director 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Eugene Tu Wong director, officer: Chief Executive Officer 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000

Ace Global Business Acquisition (Ace Global Business Acquisition) Headlines

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