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Heritage Global (XCNQ:HGP) 5-Year Yield-on-Cost % : 0.00 (As of May. 14, 2024)


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What is Heritage Global 5-Year Yield-on-Cost %?

Heritage Global's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



XCNQ:HGP's 5-Year Yield-on-Cost % is not ranked *
in the Capital Markets industry.
Industry Median: 3.14
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Heritage Global's 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Heritage Global'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.


Heritage Global's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Heritage Global's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Heritage Global 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 Heritage Global is calculated as

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

Heritage Global  (XCNQ:HGP) 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.


Heritage Global 5-Year Yield-on-Cost % Related Terms

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Heritage Global (XCNQ:HGP) Business Description

Traded in Other Exchanges
Address
12625 High Bluff Drive, Suite 305, San Diego, CA, USA, 92130
Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It aids in facilitating the economy by diverting useful industrial assets from landfills and operating a supply chain by overseeing the post-sale account activity of financial assets. The group operates in four segments namely Auction and Liquidation; Refurbishment and Resale; Brokerage and Specialty Lending. It generates maximum revenue from the Auction and Liquidation segment. The Auction and Liquidation segment, through HGP, operates as a global full-service auction, appraisal, and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment.

Heritage Global (XCNQ:HGP) Headlines

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