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Medx Health (TSXV:MDX) 5-Year Yield-on-Cost % : 0.00 (As of Mar. 30, 2025)


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What is Medx Health 5-Year Yield-on-Cost %?

Medx Health's yield on cost for the quarter that ended in Sep. 2024 was 0.00.


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



TSXV:MDX's 5-Year Yield-on-Cost % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.14
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Medx Health's 5-Year Yield-on-Cost %

For the Medical Devices subindustry, Medx Health'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.


Medx Health's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medx Health's 5-Year Yield-on-Cost % distribution charts can be found below:

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


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Medx Health 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 Medx Health is calculated as

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

Medx Health  (TSXV:MDX) 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.


Medx Health 5-Year Yield-on-Cost % Related Terms

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Medx Health Business Description

Traded in Other Exchanges
N/A
Address
1495 Bonhill Road, Unit 1, Mississauga, ON, CAN, L5T 1M2
Medx Health Corp is engaged in the development, manufacturing, and marketing of skin-related screening tools and phototherapy devices for pain relief and tissue repair. Its two main product lines are; SIAscopy, a medical device technology that is used to scan skin for suspicious moles and lesions; and Phototherapeutic medical devices, which use light energy in lower-level laser and LED to provide effective treatment of pain and tissue damage in the rehabilitation market. It derives key revenue from the sale of Phototherapeutic lasers. The company sells its products internationally, of which prime revenue is generated in Canada and the United States.
Executives
Edmund Ho Director
Stephen Owen Lockyer Director
David John Hennigar Director
Luigi Canitano Senior Officer
Gary Norman Van Nest Director

Medx Health Headlines

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