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Many Bright Ideas Technologies (TSXV:MBI.H) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 15, 2024)


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What is Many Bright Ideas Technologies 5-Year Yield-on-Cost %?

Many Bright Ideas Technologies's yield on cost for the quarter that ended in Sep. 2024 was 0.00.


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



TSXV:MBI.H's 5-Year Yield-on-Cost % is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 2.03
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Many Bright Ideas Technologies's 5-Year Yield-on-Cost %

For the Diagnostics & Research subindustry, Many Bright Ideas Technologies'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.


Many Bright Ideas Technologies's 5-Year Yield-on-Cost % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Many Bright Ideas Technologies's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Many Bright Ideas Technologies's 5-Year Yield-on-Cost % falls into.



Many Bright Ideas Technologies 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 Many Bright Ideas Technologies is calculated as

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

Many Bright Ideas Technologies  (TSXV:MBI.H) 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.


Many Bright Ideas Technologies 5-Year Yield-on-Cost % Related Terms

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Many Bright Ideas Technologies Business Description

Traded in Other Exchanges
Address
598 East Kent Avenue South, Vancouver, BC, CAN, V5X 4V6
Many Bright Ideas Technologies Inc is a Canada-based life science company. It focused on the development and commercialization of genomic-based clinical laboratory diagnostic tests. The company is engaged in managing the license and rights to GeneFx Lung, which is a proprietary gene expression-based test for identifying those patients with early-stage non-small-cell lung cancer.

Many Bright Ideas Technologies Headlines

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