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Tuscan Holdings II (Tuscan Holdings II) 5-Year Yield-on-Cost % : 0.00 (As of May. 25, 2024)


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What is Tuscan Holdings II 5-Year Yield-on-Cost %?

Tuscan Holdings II's yield on cost for the quarter that ended in Sep. 2022 was 0.00.


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



THCA's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.79
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Tuscan Holdings II's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Tuscan Holdings 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.


Tuscan Holdings II's 5-Year Yield-on-Cost % Distribution in the Diversified Financial Services Industry

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

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



Tuscan Holdings 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 Tuscan Holdings II is calculated as

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

Tuscan Holdings II  (OTCPK:THCA) 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.


Tuscan Holdings II 5-Year Yield-on-Cost % Related Terms

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Tuscan Holdings II (Tuscan Holdings II) Business Description

Traded in Other Exchanges
N/A
Address
135 E. 57th Street, 17th Floor, New York, NY, USA, 10022
Website
Tuscan Holdings Corp II is a blank check company.
Executives
Michael Auerbach director 158 HESTER STREET, APT 7F, NEW YORK NY 10013
Stephen A Vogel director, 10 percent owner, officer: Chief Executive Officer 701 BRAZOS STREET, SUITE 1200, AUSTIN TX 78701
Richard O. Rieger officer: Chief Financial Officer C/O TUSCAN HOLDINGS CORP., 135 E. 57TH ST., 18TH FLOOR, NEW YORK NY 10022
David H Dickstein director C/O TUSCAN HOLDINGS CORP. II, 135 E 57TH ST 17TH FL, NEW YORK NY 10022