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Trine II Acquisition (Trine II Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 05, 2024)


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What is Trine II Acquisition 5-Year Yield-on-Cost %?

Trine II Acquisition's yield on cost for the quarter that ended in Dec. 2022 was 0.00.


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



TRAQ's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.97
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Shell Companies subindustry, Trine II 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.


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

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

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



Trine II 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 Trine II Acquisition is calculated as

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

Trine II Acquisition  (NYSE:TRAQ) 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.


Trine II Acquisition 5-Year Yield-on-Cost % Related Terms

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Trine II Acquisition (Trine II Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
228 Park Avenue South, Suite 63482, New York, NY, USA, 10003
Trine II Acquisition Corp is a blank check company.
Executives
Brian Deevy director C/O TICKETMASTER, 8800 WEST SUNSET BLVD., WEST HOLLYWOOD CA 90069
Hindery Leo J. Jr. director, 10 percent owner C/O HMG, INC., C/O CINE LATINO, INC., 2000 PONCE DE LEON BLVD, SUITE 500, CORAL GABLES FL 33134
Josephine Linden director 6601 SOUTH BERMUDA ROAD, LAS VEGAS NV 89119
Mark J Coleman officer: EVP and General Counsel 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Pierre M. Henry director, 10 percent owner, officer: Chief Executive Officer 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Ric Fulop director C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
James Moran director 4538 S. 140TH ST., OMAHA NE 68137
Robin Trine Ii Llc 10 percent owner 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Acanthis Master, Llc 10 percent owner 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Jamie R Seltzer director 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Jason Kay director 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
David Dodson director 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Richard Adam Miller officer: EVP and CFO 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174