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Cronos Group (TSX:CRON) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 15, 2024)


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What is Cronos Group 5-Year Yield-on-Cost %?

Cronos Group's yield on cost for the quarter that ended in Sep. 2024 was 0.00.


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



TSX:CRON's 5-Year Yield-on-Cost % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 2.185
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Cronos Group's 5-Year Yield-on-Cost %

For the Drug Manufacturers - Specialty & Generic subindustry, Cronos Group'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.


Cronos Group's 5-Year Yield-on-Cost % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cronos Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Cronos Group 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 Cronos Group is calculated as

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

Cronos Group  (TSX:CRON) 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.


Cronos Group 5-Year Yield-on-Cost % Related Terms

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Cronos Group Business Description

Traded in Other Exchanges
Address
111 Peter Street, Suite 300, Toronto, ON, CAN, M5V 2H1
Cronos Group, headquartered in Toronto, Canada, cultivates and sells medicinal and recreational cannabis through its medicinal brand, Peace Naturals, and its two recreational brands, Cove and Spinach. Although it primarily operates in Canada, Cronos exports medical cannabis primarily to Israel. In the US, the company has an option to acquire 5.9% of US multistate operator PharmaCann on a fully diluted basis upon easing of federal prohibition.
Executives
Jason Marc Adler Director
Michael Ryan Gorenstein Director
Jeffrey David Jacobson Senior Officer
Todd Kevin Abraham Senior Officer
William Hilson Senior Officer
Mark Evan Newman Director or Senior Officer of 10% Security Holder
Nabil Y. Sakkab Director or Senior Officer of 10% Security Holder
Michael Ernest Coates Director