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JOFF Fintech Acquisition (JOFF Fintech Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 18, 2024)


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What is JOFF Fintech Acquisition 5-Year Yield-on-Cost %?

JOFF Fintech Acquisition's yield on cost for the quarter that ended in Sep. 2022 was 0.00.


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



JOFFU's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.185
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of JOFF Fintech Acquisition's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, JOFF Fintech 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.


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

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

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



JOFF Fintech 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 JOFF Fintech Acquisition is calculated as

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

JOFF Fintech Acquisition  (NAS:JOFFU) 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.


JOFF Fintech Acquisition 5-Year Yield-on-Cost % Related Terms

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


JOFF Fintech Acquisition (JOFF Fintech Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
c/o Ellenoff Grossman & Schole LLP, 1345 Avenue of the Americas, 11th Floor, New York, NY, USA, 10105
JOFF Fintech Acquisition Corp is a blank check company. It is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses.
Executives
Peter Js Smith officer: Chief Financial Officer PO BOX 364527, SAN JUAN PR 00936-4527
Jay Itzkowitz director NEW YORK HOCKEY HOLDINGS, LLC, 200 PARK AVENUE SOUTH SUITE 1610, NEW YORK NY 10003
Joel Leonoff director, 10 percent owner, officer: Chief Executive Officer ORCHID HOUSE PH 9 THE CLIFTONS, EUROPA ROAD, GIBRALTAR J1 -----
Joff Fintech Holdings Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, FL 11, NEW YORK NY 10105
Hillel Frankel director, 10 percent owner, officer: President and Secretary 1345 AVENUE OF THE AMERICAS, FL 11, NEW YORK NY 10105
Mohammad Fraz Ahmed officer: SVP of Corporate & BD 1410 BERRYTREE DR., SUGARLAND TX 77479
Billy Goldstein director 757 3RD AVENUE, NEW YORK NY 10017
Paul Wharshavsky director 15 WEST 47TH STREET, SUITE 1404, NEW YORK NY 10036
Alok Sama director C/O BLUERIVER ACQUSITION CORP., 250 WEST NOTTINGHAM DRIVE SUITE 400, SAN ANTONIO TX 78209
Michelle Ann Gitlitz director 1345 AVENUE OF THE AMERICAS, 11TH FLOOR, NEW YORK NY 10105