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Vencanna Ventures (XCNQ:VENI) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)


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What is Vencanna Ventures 5-Year Yield-on-Cost %?

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


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



XCNQ:VENI's 5-Year Yield-on-Cost % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 2.27
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Vencanna Ventures's 5-Year Yield-on-Cost %

For the Drug Manufacturers - Specialty & Generic subindustry, Vencanna Ventures'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.


Vencanna Ventures's 5-Year Yield-on-Cost % Distribution in the Drug Manufacturers Industry

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

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



Vencanna Ventures 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 Vencanna Ventures is calculated as

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

Vencanna Ventures  (XCNQ:VENI) 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.


Vencanna Ventures 5-Year Yield-on-Cost % Related Terms

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Vencanna Ventures (XCNQ:VENI) Business Description

Traded in Other Exchanges
N/A
Address
250 - 6th Avenue South West, Suite 310, Calgary, AB, CAN, T2P 3H7
Top Strike Resources Corp aims to provide investors with a diversified, high-growth, cannabis investment strategy through strategic investments and acquisitions focused throughout the value chain (cultivation, processing, and distribution, including ancillary businesses.
Executives
David Gordon Mcgorman Senior Officer

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