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Allegro Merger (Allegro Merger) 5-Year Yield-on-Cost % : 0.00 (As of May. 06, 2024)


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What is Allegro Merger 5-Year Yield-on-Cost %?

Allegro Merger's yield on cost for the quarter that ended in Dec. 2019 was 0.00.


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



ALGRU's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.85
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Allegro Merger's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Allegro Merger'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.


Allegro Merger's 5-Year Yield-on-Cost % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Allegro Merger's 5-Year Yield-on-Cost % falls into.



Allegro Merger 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 Allegro Merger is calculated as

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

Allegro Merger  (NAS:ALGRU) 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.


Allegro Merger 5-Year Yield-on-Cost % Related Terms

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Allegro Merger (Allegro Merger) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
777 Third Avenue, 37th Floor, New York, NY, USA, 10017
Allegro Merger Corp is a blank check company.
Executives
Mizuho Securities Usa Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Eric Rosenfeld officer: Chief Executive Officer 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
David Sgro director, 10 percent owner, officer: Chief Operating Officer 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Leonard B Schlemm director C/O THE ATWATER CLUB, 3505 AVENUE ATWATER, MONTREAL A8 H3W 1Y2
John Schauerman director 26000 COMMERCENTRE DR., LAKE FOREST CA 92630
Adam Semler director 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017

Allegro Merger (Allegro Merger) Headlines