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NexOptic Technology (NexOptic Technology) 5-Year Yield-on-Cost % : 0.00 (As of May. 21, 2024)


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What is NexOptic Technology 5-Year Yield-on-Cost %?

NexOptic Technology's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


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



NXOPF's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 2.71
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Electronic Components subindustry, NexOptic 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.


NexOptic Technology's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, NexOptic Technology's 5-Year Yield-on-Cost % distribution charts can be found below:

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



NexOptic 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 NexOptic Technology is calculated as

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

NexOptic Technology  (OTCPK:NXOPF) 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.


NexOptic Technology 5-Year Yield-on-Cost % Related Terms

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NexOptic Technology (NexOptic Technology) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
NexOptic Technology Corp engages in the investment and development of technologies relating to imagery and light concentration for lens and image capture-based systems. The company's technology includes Aliis; Doubletake and Mobile Lens.

NexOptic Technology (NexOptic Technology) Headlines

From GuruFocus

NexOptic Provides 2023 Outlook

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