GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Corner Growth Acquisition Corp (NAS:COOL) » Definitions » 5-Year Yield-on-Cost %

Corner Growth Acquisition (Corner Growth Acquisition) 5-Year Yield-on-Cost %

: 0.00 (As of Today)
View and export this data going back to 2021. Start your Free Trial

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


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


During the past 4 years, Corner Growth Acquisition's highest Yield on Cost was 4.00. The lowest was 0.00. And the median was 0.00.


COOL's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.935
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison

For the Shell Companies subindustry, Corner Growth 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.


Corner Growth Acquisition 5-Year Yield-on-Cost % Distribution

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

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



Corner Growth 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 Corner Growth Acquisition is calculated as

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

Corner Growth Acquisition  (NAS:COOL) 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.


Corner Growth Acquisition 5-Year Yield-on-Cost % Related Terms

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


Corner Growth Acquisition (Corner Growth Acquisition) Business Description

Traded in Other Exchanges
Address
251 Lytton Avenue, Suite 200, Palo Alto, CA, USA, 94301
Corner Growth Acquisition Corp is a blank check company.
Executives
John J. Cadeddu director, 10 percent owner 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Alexandre Balkanski director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Jason Park director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Marvin Tien director, officer: Chief Executive Officer C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Cga Sponsor, Llc 10 percent owner 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Jane Batzofin officer: President C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
David Kutcher officer: Chief Financial Officer C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
John Mulkey director C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Kevin Tanaka officer: DCD C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301