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GX Acquisition II (GX Acquisition II) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 02, 2024)


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What is GX Acquisition II 5-Year Yield-on-Cost %?

GX Acquisition II's yield on cost for the quarter that ended in Dec. 2022 was 0.00.


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



GXIIU's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.12
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of GX Acquisition II's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, GX Acquisition II'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.


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

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

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



GX Acquisition II 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 GX Acquisition II is calculated as

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

GX Acquisition II  (NAS:GXIIU) 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.


GX Acquisition II 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of GX Acquisition II's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


GX Acquisition II (GX Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
1325 Avenue of the Americas, 28th Floor, New York, NY, USA, 10019
Website
GX Acquisition Corp II is a blank check company.
Executives
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Marc Mazur director 31 WEST 52ND ST. 17TH FLOOR, NEW YORK NY 10019
Dean C Kehler director, 10 percent owner, officer: Co-CEO and Co-Chairman C/O TRIMARAN CAPITAL PARTNERS, 622 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Jay R Bloom director, 10 percent owner, officer: Co-CEO and Co-Chairman C/O TRIMARAN CAPITAL PARTNERS, 622 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Andrea J. Kellett officer: Chief Financial Officer 1325 AVENUE OF THE AMERICAS, 25TH FLOOR, NEW YORK NY 10019
Michael G Maselli officer: President 1325 AVENUE OF THE AMERICAS, 25TH FLOOR, NEW YORK NY 10019
Hillel Weinberger director 1325 AVENUE OF THE AMERICAS, 25TH FLOOR, NEW YORK NY 10019
James W Harpel director C/O PALM BEACH CAPITAL, 525 SOUTH FLAGLER DRIVE, SUITE 201, WEST PALM BEACH FL 33401
Gx Sponsor Ii Llc 10 percent owner 1325 AVENUE OF THE AMERICAS, 25TH FLOOR, NEW YORK NY 10019
Arthur D. Baer officer: Vice President 30 WEST 63RD. STREET, APT. #3J, NEW YORK NY 10023
Jordan S. Bloom officer: Vice President 1325 AVENUE OF THE AMERICAS, 25TH FLOOR, NEW YORK NY 10019