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Cannabiz Mobile (Cannabiz Mobile) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)


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What is Cannabiz Mobile 5-Year Yield-on-Cost %?

Cannabiz Mobile's yield on cost for the quarter that ended in . 20 was 0.00.


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



LGBI's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.21
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Cannabiz Mobile's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Cannabiz Mobile'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.


Cannabiz Mobile's 5-Year Yield-on-Cost % Distribution in the Diversified Financial Services Industry

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

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



Cannabiz Mobile 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 Cannabiz Mobile is calculated as

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

Cannabiz Mobile  (OTCPK:LGBI) 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.


Cannabiz Mobile 5-Year Yield-on-Cost % Related Terms

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Cannabiz Mobile (Cannabiz Mobile) Business Description

Traded in Other Exchanges
N/A
Address
3445 Lawrence Avenue, Oceanside, NY, USA, 11572
Cannabiz Mobile Inc is a mobile media and marketing company. It is engaged in servicing businesses in the medical marijuana industry. The company markets a subscription-based, in the cloud, mobile media solution to care givers, dispensaries, hydroponic, and others.

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