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Glorious Creation (XCNQ:GCIT.X) 5-Year Yield-on-Cost % : 0.00 (As of May. 20, 2024)


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What is Glorious Creation 5-Year Yield-on-Cost %?

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


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



XCNQ:GCIT.X's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.68
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Glorious Creation's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Glorious Creation'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.


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

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

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



Glorious Creation 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 Glorious Creation is calculated as

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

Glorious Creation  (XCNQ:GCIT.X) 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.


Glorious Creation 5-Year Yield-on-Cost % Related Terms

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Glorious Creation (XCNQ:GCIT.X) Business Description

Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Glorious Creation Ltd is currently identifying and evaluating new potential assets or business acquisitions.

Glorious Creation (XCNQ:GCIT.X) Headlines

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