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Alpha Star Acquisition (Alpha Star Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of May. 31, 2024)


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What is Alpha Star Acquisition 5-Year Yield-on-Cost %?

Alpha Star Acquisition's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


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



ALSA's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.77
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Alpha Star Acquisition's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Alpha Star 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.


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

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

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



Alpha Star 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 Alpha Star Acquisition is calculated as

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

Alpha Star Acquisition  (NAS:ALSA) 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.


Alpha Star Acquisition 5-Year Yield-on-Cost % Related Terms

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Alpha Star Acquisition (Alpha Star Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
80 Broad Street, 5th Floor, New York, NY, USA, 10004
Website
Alpha Star Acquisition Corp is a blank check company.
Executives
Zhe Zhang director, officer: Chief Executive Officer UNIT 1631 LEVEL 16 MAN YEE BLDG, 60-68 DES VOEUX RD CENTRAL, HONG KONG F4 518000
Guojian Chen officer: Chief Financial Officer 477 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
A-star Management Corp. 10 percent owner 80 BROAD STREET, 5TH FLOOR, NEW YORK NY 10004
Xiaofeng Zhou director D-22A, MINGZHU COMMUNITY, NO. 1 TAOYUAN ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Konstantin A. Sokolov director 11, TRIQ ID-DULARI, SAN PAWL IL-BAHAR, SPB09 O1 263642
Heui-ching Huang director NO. 1, LANE 151, MINZU ROAD, BANQIAO DISTRICT, NEW TAIPEI CITY F5 220811

Alpha Star Acquisition (Alpha Star Acquisition) Headlines