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Asia Green Biotechnology (XCNQ:ASIA) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 06, 2024)


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What is Asia Green Biotechnology 5-Year Yield-on-Cost %?

Asia Green Biotechnology's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



XCNQ:ASIA's 5-Year Yield-on-Cost % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 2.22
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Asia Green Biotechnology's 5-Year Yield-on-Cost %

For the Drug Manufacturers - Specialty & Generic subindustry, Asia Green Biotechnology'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.


Asia Green Biotechnology's 5-Year Yield-on-Cost % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Asia Green Biotechnology's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Asia Green Biotechnology's 5-Year Yield-on-Cost % falls into.



Asia Green Biotechnology 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 Asia Green Biotechnology is calculated as

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

Asia Green Biotechnology  (XCNQ:ASIA) 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.


Asia Green Biotechnology 5-Year Yield-on-Cost % Related Terms

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Asia Green Biotechnology (XCNQ:ASIA) Business Description

Traded in Other Exchanges
N/A
Address
707 - 7th Avenue SW, Suite 1150, Calgary, AB, CAN, T2P 3H6
Asia Green Biotechnology Corp is an early stage international agri-technology company focused on the development, evaluation, testing, application and, ultimately, supply to the market of proprietary organic hybridization technology and certain products derived from that technology. The core approach of the business is centred on the planting, growth and harvesting of new and valuable strains of hemp and related crops in commercial quantities. The company is developing varieties of hemp with superior growth and production characteristics in the various environments found in the licensed territories.
Executives
Johannes Kingma Senior Officer

Asia Green Biotechnology (XCNQ:ASIA) Headlines