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Gemina Laboratories (XCNQ:GLAB) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)


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What is Gemina Laboratories 5-Year Yield-on-Cost %?

Gemina Laboratories's yield on cost for the quarter that ended in Jan. 2024 was 0.00.


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



XCNQ:GLAB's 5-Year Yield-on-Cost % is not ranked *
in the Biotechnology industry.
Industry Median: 1.89
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Gemina Laboratories's 5-Year Yield-on-Cost %

For the Biotechnology subindustry, Gemina Laboratories'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.


Gemina Laboratories's 5-Year Yield-on-Cost % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Gemina Laboratories's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Gemina Laboratories 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 Gemina Laboratories is calculated as

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

Gemina Laboratories  (XCNQ:GLAB) 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.


Gemina Laboratories 5-Year Yield-on-Cost % Related Terms

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Gemina Laboratories (XCNQ:GLAB) Business Description

Traded in Other Exchanges
Address
3800 Gilmore Mall, Suite 302, Burnaby, BC, CAN, V5G 4R8
Gemina Laboratories Ltd is a biotechnology company that operates in the In Vitro Diagnostics (IVD) market under the name Gemina Labs. The company endeavors to develop novel surface functionalization chemistries for the detection of pathogens and biomarkers.
Executives
James Damian Tansey Director

Gemina Laboratories (XCNQ:GLAB) Headlines

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