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Fintech Select (TSXV:FTEC) 5-Year Yield-on-Cost % : 0.00 (As of May. 22, 2024)


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What is Fintech Select 5-Year Yield-on-Cost %?

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


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



TSXV:FTEC's 5-Year Yield-on-Cost % is not ranked *
in the Software industry.
Industry Median: 2.18
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Fintech Select's 5-Year Yield-on-Cost %

For the Software - Infrastructure subindustry, Fintech Select'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.


Fintech Select's 5-Year Yield-on-Cost % Distribution in the Software Industry

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

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



Fintech Select 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 Fintech Select is calculated as

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

Fintech Select  (TSXV:FTEC) 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.


Fintech Select 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Fintech Select's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fintech Select (TSXV:FTEC) Business Description

Traded in Other Exchanges
Address
100 King Street W, Unit T201A, Chatham, ON, CAN, N7M 6A9
Fintech Select Ltd is a provider of prepaid card schemes, online payment platforms, and POS cryptocurrency platforms, all internally developed platforms. It also operates a multi-lingual call center that provides services to customers across all its platforms, and third-party customers. The company operated in three business segments which include Distribution, Call Center, and Financial Services. Its distribution sells prepaid wireless airtime and its Financial Services division provides prepaid debit card services.

Fintech Select (TSXV:FTEC) Headlines

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