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Altitude Acquisition (Altitude Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 28, 2024)


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What is Altitude Acquisition 5-Year Yield-on-Cost %?

Altitude Acquisition's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


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



ALTU's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.805
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Altitude Acquisition's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Altitude Acquisition'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.


Altitude Acquisition's 5-Year Yield-on-Cost % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Altitude Acquisition's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Altitude Acquisition 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 Altitude Acquisition is calculated as

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

Altitude Acquisition  (NAS:ALTU) 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.


Altitude Acquisition 5-Year Yield-on-Cost % Related Terms

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Altitude Acquisition (Altitude Acquisition) Business Description

Traded in Other Exchanges
Address
400 Perimeter Center Terrace, Suite 151, Atlanta, GA, USA, 30346
Altitude Acquisition Corp is a blank check company.
Executives
Bnp Paribas Arbitrage, Sa 10 percent owner 1 RUE LAFFITTE, PARIS I0 75009
Michael Gavin Isaacs director BALLY TECHNOLOGIES, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Altitude Acquisition Holdco Llc director, 10 percent owner 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Thomas Breitling director 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Gary Teplis 10 percent owner 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Adeel Rouf officer: See Remarks 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Kevin Michael Schubert officer: Chief Operating Officer 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Michel Maurice Taride director 1240 WEST WESLEY ROAD, ATLANTA 2Q 30327
Farris Griggs officer: Chief Financial Officer 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Sam Galeotos director 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Hilton Sturisky director 1240 WEST WESLEY ROAD, ATLANTA GA 30327