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CNGL (Canna Global Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 17, 2025)


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What is Canna Global Acquisition 5-Year Yield-on-Cost %?

Canna Global Acquisition's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



CNGL's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.61
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Canna Global Acquisition's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Canna Global 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.


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

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

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


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Canna Global 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 Canna Global Acquisition is calculated as

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

Canna Global Acquisition  (OTCPK:CNGL) 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.


Canna Global Acquisition 5-Year Yield-on-Cost % Related Terms

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Canna Global Acquisition Business Description

Traded in Other Exchanges
N/A
Address
4640 Admiralty Way, Suite 500, Marina Del Rey, CA, USA, 90292
Website
Canna Global Acquisition Corp is a blank check company.
Executives
Shaolin Capital Management Llc 10 percent owner 230 NW 24TH STREET, SUITE 603, MIAMI FL 33127
Peng Kong director 1180 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Kah Yong Tham director 1, KIM SENG PROMENADE, #10-01 EAST TOWER, GREAT WORLD CITY U0 237994
George Yap director, officer: Chief Financial Officer 1, KIM SENG PROMENADE, #10-01, EAST TOWER, GREAT WORLD CITY U0 237994
Subramaniam Thavaraj director 29, TAMAN INTAN, KAJANG,SELANGOR N8 43000
Canna-global Llc 10 percent owner 4640 ADMIRALTY WAY, SUITE 500, MARINA DEL REY CA 90292
J. Gerald Combs director, officer: Chief Executive Officer 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Wian Stander director 45 DORKING RD, LYNNWOOD MANOR, PRETORIA T3 0081