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Kits Eyecare (TSX:KITS) 5-Year Yield-on-Cost % : 0.00 (As of May. 01, 2024)


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What is Kits Eyecare 5-Year Yield-on-Cost %?

Kits Eyecare's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



TSX:KITS's 5-Year Yield-on-Cost % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 3.115
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Kits Eyecare's 5-Year Yield-on-Cost %

For the Specialty Retail subindustry, Kits Eyecare'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.


Kits Eyecare's 5-Year Yield-on-Cost % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kits Eyecare's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Kits Eyecare 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 Kits Eyecare is calculated as

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

Kits Eyecare  (TSX:KITS) 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.


Kits Eyecare 5-Year Yield-on-Cost % Related Terms

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Kits Eyecare (TSX:KITS) Business Description

Traded in Other Exchanges
Address
510 Seymour Street, Suite 1020, Vancouver, BC, CAN, V6B 3J5
Kits Eyecare Ltd is a vertically integrated, digitally native eyecare platform that offers its customers access to a vast selection of the highest quality contact lenses and eyeglasses, including its own exclusive KITS-designed products, and a suite of online vision tools. It operates a network of optical e-commerce websites, including KITS.com, KITS.ca, OptiContacts.com, and ContactsExpress.ca. The company's contact lens partners include Alcon, Bausch & Lomb, CooperVision, and Johnson & Johnson, and its glasses partners include Gucci, Oakley, Prive Revaux, Ray-Ban, and Tom Ford, which enables it to offer its customers first class brands and products in eye care.

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