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Shiny Health & Wellness (TSXV:SNYB) 5-Year Yield-on-Cost % : 0.00 (As of May. 01, 2024)


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What is Shiny Health & Wellness 5-Year Yield-on-Cost %?

Shiny Health & Wellness's yield on cost for the quarter that ended in Oct. 2023 was 0.00.


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



TSXV:SNYB's 5-Year Yield-on-Cost % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.33
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Shiny Health & Wellness's 5-Year Yield-on-Cost %

For the Pharmaceutical Retailers subindustry, Shiny Health & Wellness'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.


Shiny Health & Wellness's 5-Year Yield-on-Cost % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shiny Health & Wellness's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Shiny Health & Wellness 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 Shiny Health & Wellness is calculated as

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

Shiny Health & Wellness  (TSXV:SNYB) 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.


Shiny Health & Wellness 5-Year Yield-on-Cost % Related Terms

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Shiny Health & Wellness (TSXV:SNYB) Business Description

Traded in Other Exchanges
N/A
Address
22 Frederick Street, Suite 700, Kitchener, ON, CAN, N2H 6M6
Shiny Health & Wellness Corp is on a mission to help people never settle, live fully by being a trusted source for health and wellness solutions and services. The company broadened its retail growth strategy beyond adult-use cannabis by establishing mihi Health & Wellness, a new line of business focused on building a network of community pharmacies across Ontario. It also operates ShinyBud Cannabis Co., a well-established brand in Ontario strategically located in markets less saturated with cannabis retailers.

Shiny Health & Wellness (TSXV:SNYB) Headlines

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