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CardioGenics Holdings (CardioGenics Holdings) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 08, 2024)


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What is CardioGenics Holdings 5-Year Yield-on-Cost %?

CardioGenics Holdings's yield on cost for the quarter that ended in Jan. 2016 was 0.00.


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



CGNH's 5-Year Yield-on-Cost % is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 2.225
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Diagnostics & Research subindustry, CardioGenics Holdings'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.


CardioGenics Holdings's 5-Year Yield-on-Cost % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, CardioGenics Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

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



CardioGenics Holdings 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 CardioGenics Holdings is calculated as

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

CardioGenics Holdings  (OTCPK:CGNH) 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.


CardioGenics Holdings 5-Year Yield-on-Cost % Related Terms

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CardioGenics Holdings (CardioGenics Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6295 Northam Drive, Unit 8, Mississauga, ON, CAN, L4V 1W8
CardioGenics Holdings Inc is a biotechnology company. It is engaged in the development and commercialization of diagnostic test products for the In-Vitro Diagnostics (IVD) testing market. The company's objective is to create, develop and commercialize superior, innovative, cost-effective and patent-protected products for the IVD based on proprietary technologies. Its products include QL Care Analyzer, Immunoassay Tests, and Paramagnetic Beads. The business activity is primarily carried out through the region of Canada.

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