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Northern Genesis Acquisition III (Northern Genesis Acquisition III) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 26, 2024)


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What is Northern Genesis Acquisition III 5-Year Yield-on-Cost %?

Northern Genesis Acquisition III's yield on cost for the quarter that ended in Sep. 2022 was 0.00.


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



NGC's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.79
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Northern Genesis Acquisition III's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Northern Genesis Acquisition III'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.


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

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

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



Northern Genesis Acquisition III 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 Northern Genesis Acquisition III is calculated as

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

Northern Genesis Acquisition III  (NYSE:NGC) 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.


Northern Genesis Acquisition III 5-Year Yield-on-Cost % Related Terms

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Northern Genesis Acquisition III (Northern Genesis Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
4801 Main Street, Suite 1000, Kansas City, MO, USA, 64112
Northern Genesis Acquisition Corp III is a blank check company.