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MeiraGTx Holdings (FRA:328) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 15, 2024)


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

MeiraGTx Holdings's yield on cost for the quarter that ended in Sep. 2024 was 0.00.


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



FRA:328's 5-Year Yield-on-Cost % is not ranked *
in the Biotechnology industry.
Industry Median: 1.57
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Biotechnology subindustry, MeiraGTx 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.


MeiraGTx Holdings's 5-Year Yield-on-Cost % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, MeiraGTx Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

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



MeiraGTx 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 MeiraGTx Holdings is calculated as

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

MeiraGTx Holdings  (FRA:328) 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.


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

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MeiraGTx Holdings Business Description

Traded in Other Exchanges
Address
450 East 29th Street, 14th Floor, New York, NY, USA, 10016
MeiraGTx Holdings PLC is a clinical-stage gene therapy company. It focuses on the eye, salivary gland, and central nervous system disorders. The company's pipeline products include AAV-CNGB3, AAV-CNGA3 and AAV-RPGR, and others. Geographically, it operates in the United States, the United Kingdom, and European Union.

MeiraGTx Holdings Headlines

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