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Mason Industrial Technology (Mason Industrial Technology) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 25, 2024)


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What is Mason Industrial Technology 5-Year Yield-on-Cost %?

Mason Industrial Technology's yield on cost for the quarter that ended in Sep. 2022 was 0.00.


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



MIT.U's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.17
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Mason Industrial Technology's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Mason Industrial Technology'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.


Mason Industrial Technology's 5-Year Yield-on-Cost % Distribution in the Diversified Financial Services Industry

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

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



Mason Industrial Technology 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 Mason Industrial Technology is calculated as

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

Mason Industrial Technology  (NYSE:MIT.U) 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.


Mason Industrial Technology 5-Year Yield-on-Cost % Related Terms

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Mason Industrial Technology (Mason Industrial Technology) Business Description

Traded in Other Exchanges
N/A
Address
110 East 59th Street, New York, NY, USA, 10022
Mason Industrial Technology Inc is a blank check company.
Executives
William B Plummer director C/O UNITED RENTALS INC / DE, 100 FIRST STAMFORD PL STE 700, STAMFORD CT 06902
James L Bauman director 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST PAUL MN 55144-1000
Mason Capital Management Llc director, 10 percent owner 110 EAST 59TH STREET, 30TH FLOOR, NEW YORK NY 10022
Kenneth M. Garschina 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022
Michael E Martino director, 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022
Rose Edward Arthur Iii director, officer: Chief Executive Officer 5255 VIRGINIA AVE, NORTH CHARLESTON SC 29406
Sanford Marshall C Jr director 1725 ATLANTIC AVE, SULLIVANS ISLAND SC 29482
Mason Industrial Sponsor, Llc 10 percent owner 110 E. 59TH STREET, NEW YORK NY 10022
Derek Satzinger director, officer: Chief Financial Officer 110 E. 59TH STREET, NEW YORK NY 10022
Diane M. Parisi director 110 E. 59TH STREET, NEW YORK NY 10022
Pamela Chepiga director 110 E. 59TH STREET, NEW YORK NY 10022
Philip B. Whitehead director 110 E. 59TH STREET, NEW YORK NY 10022
Mason Capital Master Fund, L.p. 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022
Mason Management Llc 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022

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