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PGRWU (Progress Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 23, 2025)


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What is Progress Acquisition 5-Year Yield-on-Cost %?

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


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



PGRWU's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.23
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Shell Companies subindustry, Progress 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.

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

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

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


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Progress 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 Progress Acquisition is calculated as

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

Progress Acquisition  (NAS:PGRWU) 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.

Progress Acquisition 5-Year Yield-on-Cost % Related Terms

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

Progress Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Progress Acquisition Corp (NAS:PGRWU) » Definitions » 5-Year Yield-on-Cost %
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Traded in Other Exchanges
N/A
Address
50 Milk Street, 16th Floor, Boston, TX, USA, 02109
Website
https://www.progressacquisition.com
Progress Acquisition Corp is a blank check company.
Executives
Rcg Lv Pearl Llc 10 percent owner 599 LEXINGTON AVENUE, NEW YORK NY 10022
Cowen Inc. 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Cowen Holdings, Inc. 10 percent owner 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Cowen And Company, Llc 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Isos Sponsor Iii Llc other: Member of sponsor 55 POST ROAD W, SUITE 200, WESTPORT CT 06880
Winston Meade officer: Chief Strategy Officer 55 POST ROAD W, SUITE 200, WESTPORT CT 06880
George A. Barrios officer: Co-President of Issuer C/O 1241 EAST MAIN STREET, STAMFORD CT 06902
Michelle D Wilson officer: Co-President of Issuer C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Sanjay Puri director 50 MILK STREET, 16TH FLOOR, BOSTON MA 02109
Richard Battista director C/O LODGENET INTERACTIVE CORPORATION, 3900 WEST INNOVATION STREET, SIOUX FALLS SD 57107-7002
David J Arslanian 10 percent owner, officer: President 76 SUMMER ST. 5TH FLOOR, BOSTON MA 02110
Progress Capital I, Llc 10 percent owner 50 MILK STREET, 16TH FLOOR, BOSTON MA 02109