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Parkit Enterprise (Parkit Enterprise) 5-Year Yield-on-Cost % : 0.00 (As of May. 15, 2024)


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What is Parkit Enterprise 5-Year Yield-on-Cost %?

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


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



PKTEF's 5-Year Yield-on-Cost % is not ranked *
in the Real Estate industry.
Industry Median: 3.765
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Real Estate Services subindustry, Parkit Enterprise'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.


Parkit Enterprise's 5-Year Yield-on-Cost % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Parkit Enterprise's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Parkit Enterprise 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 Parkit Enterprise is calculated as

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

Parkit Enterprise  (OTCPK:PKTEF) 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.


Parkit Enterprise 5-Year Yield-on-Cost % Related Terms

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Parkit Enterprise (Parkit Enterprise) Business Description

Traded in Other Exchanges
Address
100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5
Parkit Enterprise Inc is an industrial real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States.

Parkit Enterprise (Parkit Enterprise) Headlines

From GuruFocus

Parkit Appoints New Officers and Grants Incentive Stock Options

By PRNewswire PRNewswire 08-24-2018

Parkit Appoints Avi Geller as Interim CEO

By PRNewswire PRNewswire 10-30-2018

Parkit Enterprise Releases 2018 Annual Results

By PRNewswire PRNewswire 03-01-2019

Parkit Enterprise Releases Q1 2018 Results

By GlobeNewswire GlobeNewswire 03-28-2018

Parkit Announces Completion of Sale of JV Asset

By PRNewswire PRNewswire 10-10-2018

Parkit Announces Results of AGSM

By PRNewswire PRNewswire 09-05-2019

Parkit Enterprise Releases Q1 2019 Results

By PRNewswire PRNewswire 03-30-2019