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Coil Tubing Technology (Coil Tubing Technology) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 23, 2024)


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What is Coil Tubing Technology 5-Year Yield-on-Cost %?

Coil Tubing Technology's yield on cost for the quarter that ended in Sep. 2015 was 0.00.


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



CTBG's 5-Year Yield-on-Cost % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.905
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Coil Tubing Technology's 5-Year Yield-on-Cost %

For the Oil & Gas Equipment & Services subindustry, Coil Tubing Technology'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.


Coil Tubing Technology's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Coil Tubing Technology's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Coil Tubing Technology 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 Coil Tubing Technology is calculated as

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

Coil Tubing Technology  (OTCPK:CTBG) 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.


Coil Tubing Technology 5-Year Yield-on-Cost % Related Terms

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Coil Tubing Technology (Coil Tubing Technology) Business Description

Traded in Other Exchanges
N/A
Address
22305 Gosling Road, Spring, TX, USA, 77389
Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.

Coil Tubing Technology (Coil Tubing Technology) Headlines

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