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ACE Convergence Acquisition (ACE Convergence Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of May. 25, 2024)


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What is ACE Convergence Acquisition 5-Year Yield-on-Cost %?

ACE Convergence Acquisition's yield on cost for the quarter that ended in Sep. 2022 was 0.00.


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



ACEVU's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.725
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of ACE Convergence Acquisition's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, ACE Convergence 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 Convergence 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 Convergence Acquisition's 5-Year Yield-on-Cost % distribution charts can be found below:

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



ACE Convergence 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 Convergence Acquisition is calculated as

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

ACE Convergence Acquisition  (NAS:ACEVU) 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 Convergence Acquisition 5-Year Yield-on-Cost % Related Terms

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ACE Convergence Acquisition (ACE Convergence Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1013 Centre Road, Suite 403S, Wilmington, DE, USA, 19805
Website
ACE Convergence Acquisition Corp is a blank check company.
Executives
Omid Tahernia director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Kenneth Klein director 700 SAGINAW DRIVE, REDWOOD CITY CA 94063
Behrooz L. Abdi director, officer: Chief Executive Officer 1875 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Ryan A Benton director 48720 KATO ROAD, FREMONT CA 94538
Ace Convergence Acquisition Llc director, 10 percent owner 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Raquel Chmielewski director C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Minyoung Park officer: Chief Financial Officer C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Sunny Siu director, officer: President C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Denis Tse director, officer: Secretary C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805

ACE Convergence Acquisition (ACE Convergence Acquisition) Headlines