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Fountain Asset (TSXV:FA) 5-Year Yield-on-Cost % : 0.00 (As of May. 16, 2024)


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What is Fountain Asset 5-Year Yield-on-Cost %?

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


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



TSXV:FA's 5-Year Yield-on-Cost % is not ranked *
in the Credit Services industry.
Industry Median: 4.26
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Fountain Asset's 5-Year Yield-on-Cost %

For the Credit Services subindustry, Fountain Asset'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.


Fountain Asset's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Fountain Asset's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Fountain Asset 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 Fountain Asset is calculated as

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

Fountain Asset  (TSXV:FA) 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.


Fountain Asset 5-Year Yield-on-Cost % Related Terms

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Fountain Asset (TSXV:FA) Business Description

Traded in Other Exchanges
N/A
Address
3 Market Street, Unit 609, Toronto, ON, CAN, M5E 0A3
Fountain Asset Corp is a Canadian investment company. It focuses on creating shareholder value by offering various debt and equity financing solutions to companies across several industries such as manufacturing, retail, financial services, technology, cannabis, biotechnology, oil and gas, mining, and cryptocurrency.