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ProKidney (MEX:PROK) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 22, 2024)


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What is ProKidney 5-Year Yield-on-Cost %?

ProKidney's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



MEX:PROK's 5-Year Yield-on-Cost % is not ranked *
in the Biotechnology industry.
Industry Median: 1.895
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Biotechnology subindustry, ProKidney'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.


ProKidney's 5-Year Yield-on-Cost % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ProKidney's 5-Year Yield-on-Cost % distribution charts can be found below:

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



ProKidney 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 ProKidney is calculated as

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

ProKidney  (MEX:PROK) 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.


ProKidney 5-Year Yield-on-Cost % Related Terms

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ProKidney (MEX:PROK) Business Description

Traded in Other Exchanges
Address
2000 Frontis Plaza Boulevard, Suite 250, Winston-Salem, NC, USA, 27103
ProKidney Corp is a clinical-stage biotechnology company with a transformative proprietary cell therapy platform capable of treating multiple chronic kidney diseases using a patient's own cells isolated from the patient intended for treatment. Its lead product candidate, REACT (Renal Autologous Cell Therapy) is a disease-modifying cell therapy made from a patient's own renal cells. REACT has the potential to slow and stabilize the progression of chronic kidney disease.