HOVR (New Horizon Aircraft) 3-Year Dividend Growth Rate : 0.00% (As of Aug. 2024)

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What is New Horizon Aircraft 3-Year Dividend Growth Rate?

New Horizon Aircraft's Dividends per Share for the three months ended in Aug. 2024 was $0.00.

The historical rank and industry rank for New Horizon Aircraft's 3-Year Dividend Growth Rate or its related term are showing as below:

HOVR's 3-Year Dividend Growth Rate is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 10.25
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

New Horizon Aircraft's Dividend Payout Ratio for the three months ended in Aug. 2024 was 0.00. As of today, New Horizon Aircraft's Dividend Yield % is 0.00%.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of New Horizon Aircraft's 3-Year Dividend Growth Rate

For the Aerospace & Defense subindustry, New Horizon Aircraft's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.

New Horizon Aircraft's 3-Year Dividend Growth Rate Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where New Horizon Aircraft's 3-Year Dividend Growth Rate falls into.

New Horizon Aircraft 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

New Horizon Aircraft (NAS:HOVR) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

New Horizon Aircraft's Dividend Payout Ratio for the quarter that ended in Aug. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Aug. 2024 )	/	EPS without NRI (Q: Aug. 2024 )
	=	0	/	-0.103
	=	N/A

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New Horizon Aircraft 3-Year Dividend Growth Rate Related Terms>

New Horizon Aircraft Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » 3-Year Dividend Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

3187 Highway 35, Lindsay, ON, CAN, K9V 4R1

Website

https://www.horizonaircraft.com

New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, Floods and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.