GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Greenway Greenhouse Cannabis Corp (XCNQ:GWAY) » Definitions » 5-Year Yield-on-Cost %

Greenway Greenhouse Cannabis (XCNQ:GWAY) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 30, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Greenway Greenhouse Cannabis 5-Year Yield-on-Cost %?

Greenway Greenhouse Cannabis's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



XCNQ:GWAY's 5-Year Yield-on-Cost % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 2.175
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Greenway Greenhouse Cannabis's 5-Year Yield-on-Cost %

For the Drug Manufacturers - Specialty & Generic subindustry, Greenway Greenhouse Cannabis'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.


Greenway Greenhouse Cannabis's 5-Year Yield-on-Cost % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Greenway Greenhouse Cannabis's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Greenway Greenhouse Cannabis's 5-Year Yield-on-Cost % falls into.



Greenway Greenhouse Cannabis 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 Greenway Greenhouse Cannabis is calculated as

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

Greenway Greenhouse Cannabis  (XCNQ:GWAY) 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.


Greenway Greenhouse Cannabis 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Greenway Greenhouse Cannabis's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Greenway Greenhouse Cannabis (XCNQ:GWAY) Business Description

Traded in Other Exchanges
Address
1478 Seacliff Drive, Kingsville, ON, CAN, N9Y 2M2
Greenway Greenhouse Cannabis Corp is licensed to cultivate, process and sell to ensures harvests always consist of the highest quality cannabis strains with resinous flowers, trichomes, and rich cannabinoid profiles. The Company's nursery facility is located in Kingsville, Ontario, and its flowering and processing facility is located in Leamington, Ontario. The business model is to supply bulk packaged, high quality cannabis to the Canadian, cannabis industry at prices that ultimately provide a value proposition to the consumers. Greenway has three divisions with various locations; Greenway Nursery, Greenway Cultivation and future plans for Greenway Farmgate Retail Store.

Greenway Greenhouse Cannabis (XCNQ:GWAY) Headlines

No Headlines