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Digihost Technology (TSXV:DGHI) 5-Year Yield-on-Cost % : 0.00 (As of May. 14, 2024)


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What is Digihost Technology 5-Year Yield-on-Cost %?

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


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



TSXV:DGHI's 5-Year Yield-on-Cost % is not ranked *
in the Software industry.
Industry Median: 2.305
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Digihost Technology's 5-Year Yield-on-Cost %

For the Software - Application subindustry, Digihost Technology'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.


Digihost Technology's 5-Year Yield-on-Cost % Distribution in the Software Industry

For the Software industry and Technology sector, Digihost Technology's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Digihost Technology 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 Digihost Technology is calculated as

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

Digihost Technology  (TSXV:DGHI) 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.


Digihost Technology 5-Year Yield-on-Cost % Related Terms

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Digihost Technology (TSXV:DGHI) Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4
Digihost Technology Inc is a blockchain company focused on Bitcoin mining. The company's mining facility is located in Buffalo, New York, and is equipped with an 18.7 MVA 115,000-kilovolt ampere outdoor substation with an option to increase the power output to 42MVA.

Digihost Technology (TSXV:DGHI) Headlines