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GLAC (Global Lights Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 14, 2024)


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

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


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



GLAC's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.48
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Shell Companies subindustry, Global Lights 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.


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

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

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



Global Lights 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 Global Lights Acquisition is calculated as

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

Global Lights Acquisition  (NAS:GLAC) 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.


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

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Global Lights Acquisition Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 201, Tangli Road, Room 902, Unit 1, 8th Floor, Building 5, Chaoyang, Beijing, CHN, 100123
Website
Global Lights Acquisition Corp is a blank check company.