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Kings Entertainment Group (XCNQ:JKPT) 5-Year Yield-on-Cost % : 0.00 (As of May. 26, 2024)


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What is Kings Entertainment Group 5-Year Yield-on-Cost %?

Kings Entertainment Group's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


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



XCNQ:JKPT's 5-Year Yield-on-Cost % is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.42
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Kings Entertainment Group's 5-Year Yield-on-Cost %

For the Gambling subindustry, Kings Entertainment Group'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.


Kings Entertainment Group's 5-Year Yield-on-Cost % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kings Entertainment Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Kings Entertainment Group's 5-Year Yield-on-Cost % falls into.



Kings Entertainment Group 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 Kings Entertainment Group is calculated as

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

Kings Entertainment Group  (XCNQ:JKPT) 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.


Kings Entertainment Group 5-Year Yield-on-Cost % Related Terms

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Kings Entertainment Group (XCNQ:JKPT) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 1570, Vancouver, BC, CAN
Website
Kings Entertainment Group Inc is the parent company of global lottery brand LottoKings group. As international online service providers for the lottery, casino, and sportsbook gambling, these brands leverage their ability to acquire pre-qualified players through renowned lottery offerings, then engage in a range of casino and sportsbook offerings.

Kings Entertainment Group (XCNQ:JKPT) Headlines

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