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Macondray Capital Acquisition I (Macondray Capital Acquisition I) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 05, 2024)


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What is Macondray Capital Acquisition I 5-Year Yield-on-Cost %?

Macondray Capital Acquisition I's yield on cost for the quarter that ended in Sep. 2022 was 0.00.


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



DRAY's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.97
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Macondray Capital Acquisition I's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Macondray Capital Acquisition I'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.


Macondray Capital Acquisition I's 5-Year Yield-on-Cost % Distribution in the Diversified Financial Services Industry

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

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



Macondray Capital Acquisition I 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 Macondray Capital Acquisition I is calculated as

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

Macondray Capital Acquisition I  (NAS:DRAY) 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.


Macondray Capital Acquisition I 5-Year Yield-on-Cost % Related Terms

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Macondray Capital Acquisition I (Macondray Capital Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
2995 Woodside Road, Suite 250, Woodside, CA, USA, 94062
Macondray Capital Acquisition Corp I is a blank check company.
Executives
Lance Conn director, 10 percent owner, officer: Co-CEO and CFO 505 FIFTH AVENUE SOUTH, SUITE 900, SEATTLE WA 98104
Andrew T Sheehan director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Gretchen Howard director 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Macondray, Llc 10 percent owner 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Obinna Onyeagoro director 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Claire Johnson director 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Robert Grady Burnett director, 10 percent owner, officer: Chairman and Co-CEO 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025