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Drone Delivery Canada (TSXV:FLT) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)


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What is Drone Delivery Canada 5-Year Yield-on-Cost %?

Drone Delivery Canada's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



TSXV:FLT's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 2.645
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Drone Delivery Canada's 5-Year Yield-on-Cost %

For the Computer Hardware subindustry, Drone Delivery Canada'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.


Drone Delivery Canada's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Drone Delivery Canada's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Drone Delivery Canada's 5-Year Yield-on-Cost % falls into.



Drone Delivery Canada 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 Drone Delivery Canada is calculated as

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

Drone Delivery Canada  (TSXV:FLT) 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.


Drone Delivery Canada 5-Year Yield-on-Cost % Related Terms

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Drone Delivery Canada (TSXV:FLT) Business Description

Traded in Other Exchanges
Address
6-6221 Highway 7, Vaughan, ON, CAN, L4H 0K8
Drone Delivery Canada Corp is a developmental technology company. It focuses on designing, developing, and implementing a commercially viable drone delivery system within Canadian geography. The company develops drone technology to provide retailers, service organizations, and government agencies a just in time delivery service. It provides a few service options such as Depot to Depot which is focused on rural applications providing services from warehouse to warehouse and Depot to consumer offering logistics services from a retailer and warehouse direct to a consumer's home or business location.
Executives
Michael Della Fortuna Director

Drone Delivery Canada (TSXV:FLT) Headlines

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