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Icarus Capital (TSXV:ICRS) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 23, 2024)


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What is Icarus Capital 5-Year Yield-on-Cost %?

Icarus Capital's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



TSXV:ICRS's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.25
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Icarus Capital's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Icarus Capital'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.


Icarus Capital's 5-Year Yield-on-Cost % Distribution in the Diversified Financial Services Industry

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

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



Icarus Capital 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 Icarus Capital is calculated as

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

Icarus Capital  (TSXV:ICRS) 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.


Icarus Capital 5-Year Yield-on-Cost % Related Terms

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Icarus Capital (TSXV:ICRS) Business Description

Traded in Other Exchanges
N/A
Address
No. 120 No. 2 Road, Suite 186, Richmond, BC, CAN, V7C 5J8
Website
Icarus Capital Corp is a capital pool company.

Icarus Capital (TSXV:ICRS) Headlines

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