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CONX (CONX) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 25, 2024)


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What is CONX 5-Year Yield-on-Cost %?

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


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



CONX's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.725
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Shell Companies subindustry, CONX'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.


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

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

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



CONX 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 CONX is calculated as

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

CONX  (NAS:CONX) 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.


CONX 5-Year Yield-on-Cost % Related Terms

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


CONX (CONX) Business Description

Traded in Other Exchanges
Address
5701 South Santa Fe Drive, Littleton, CO, USA, 80120
Website
CONX Corp is a blank check company.
Executives
David K Moskowitz director C/O CONX CORP., 5701 S. SANTA FE DR., LITTLETON CO 80120
Adrian Steckel director 5701 S. SANTA FE DR., LITTLETON CO 80120
Charles W Ergen director, 10 percent owner, officer: Chairman 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Gerald Gorman director 5701 S. SANTA FE DR., LITTLETON CO 80120
Nxgen Opportunities, Llc 10 percent owner 5701 S. SANTA FE DR., LITTLETON CO 80120
Kyle Jason Kiser director, officer: CEO, President & Director 5701 S. SANTA FE DR., LITTLETON CO 80120