ScION Tech Growth II (ScION Tech Growth II) 5-Year Yield-on-Cost % : 0.00 (As of May. 26, 2024)

Competitive Comparison of ScION Tech Growth II's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, ScION Tech Growth II'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.

ScION Tech Growth II's 5-Year Yield-on-Cost % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where ScION Tech Growth II's 5-Year Yield-on-Cost % falls into.

ScION Tech Growth II 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 ScION Tech Growth II is calculated as

ScION Tech Growth II  (NAS:SCOB) 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.

ScION Tech Growth II 5-Year Yield-on-Cost % Related Terms

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ScION Tech Growth II (ScION Tech Growth II) Business Description