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African Gold Acquisition (African Gold Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of May. 15, 2024)


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What is African Gold Acquisition 5-Year Yield-on-Cost %?

African Gold Acquisition's yield on cost for the quarter that ended in Mar. 2022 was 0.00.


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



AGACF's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.665
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of African Gold Acquisition's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, African Gold 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.


African Gold Acquisition's 5-Year Yield-on-Cost % Distribution in the Diversified Financial Services Industry

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

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



African Gold 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 African Gold Acquisition is calculated as

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

African Gold Acquisition  (OTCPK:AGACF) 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.


African Gold Acquisition 5-Year Yield-on-Cost % Related Terms

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African Gold Acquisition (African Gold Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
322 West 52nd Street, Suite 2322, New York, NY, USA, 10019-9998
African Gold Acquisition Corp is a blank check company.
Executives
Zolani Kgosietsile Matthews director 322 WEST 52ND STREET, #2322, NEW YORK NY 10019
Robert B Hersov director NETJETS EUROPE, LTD., GRUNDSTRASSE 12, ROTKREUZ V8 6343
Izak Marais officer: Chief Operating Officer 322 WEST 52ND STREET UNIT 2322, NEW YORK NY 10019
Michael Rawlinson director 322 WEST 52ND STREET, #2322, NEW YORK NY 10019
Bradley Doig director 322 WEST 52ND STREET, #2322, NEW YORK NY 10019
Koosum Kalyan director 322 WEST 52ND STREET, #2322, NEW YORK NY 10019
African Gold Acquisition Sponsor Llc 10 percent owner 322 WEST 52ND STREET, 2322, NEW YORK NY 10019
Morgenthau Cooper director, officer: Chief Financial Officer 322 WEST 52ND STREET, #2322, NEW YORK NY 10019-9998
Christopher Damon Chadwick director, officer: Chief Executive Officer 322 WEST 52ND STREET, #2322, NEW YORK NY 10019
Brian Hinchcliffe director 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172

African Gold Acquisition (African Gold Acquisition) Headlines

From GuruFocus

African Gold Acquisition Corporation Makes Major Announcements

By PurpleRose PurpleRose 08-26-2022