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Canaan (Canaan) 5-Year Yield-on-Cost % : 0.00 (As of May. 02, 2024)


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What is Canaan 5-Year Yield-on-Cost %?

Canaan's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



CAN's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 2.81
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Computer Hardware subindustry, Canaan'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.


Canaan's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Canaan's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Canaan 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 Canaan is calculated as

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

Canaan  (NAS:CAN) 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.


Canaan 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Canaan's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Canaan (Canaan) Business Description

Industry
Traded in Other Exchanges
Address
28 Ayer Rajah Crescent No. 06-08, Singapore, SGP, S139959
Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment as well as the supplier of the overall scheme for computer software and hardware of digital blockchain. The revenues of the company are derived from the sales of Bitcoin mining machines and related parts.