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HCVIU (Hennessy Capital Investment VI) 5-Year Yield-on-Cost % : 0.00 (As of Sep. 21, 2024)


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What is Hennessy Capital Investment VI 5-Year Yield-on-Cost %?

Hennessy Capital Investment VI's yield on cost for the quarter that ended in Jun. 2024 was 0.00.


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



HCVIU's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.71
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Hennessy Capital Investment VI's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Hennessy Capital Investment VI'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.


Hennessy Capital Investment VI's 5-Year Yield-on-Cost % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Hennessy Capital Investment VI's 5-Year Yield-on-Cost % falls into.



Hennessy Capital Investment VI 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 Hennessy Capital Investment VI is calculated as

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

Hennessy Capital Investment VI  (NAS:HCVIU) 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.


Hennessy Capital Investment VI 5-Year Yield-on-Cost % Related Terms

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Hennessy Capital Investment VI Business Description

Traded in Other Exchanges
Address
3415 North Pines Way, Suite 204, Wilson, WY, USA, 83014
Hennessy Capital Investment Corp VI is a newly incorporated blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.