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Pivotal Investment III (Pivotal Investment III) 5-Year Yield-on-Cost % : 0.00 (As of May. 12, 2024)


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What is Pivotal Investment III 5-Year Yield-on-Cost %?

Pivotal Investment III's yield on cost for the quarter that ended in Jun. 2023 was 0.00.


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



PICC's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.655
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Pivotal Investment III's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Pivotal Investment 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.


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

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

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



Pivotal Investment 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 Pivotal Investment III is calculated as

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

Pivotal Investment III  (OTCPK:PICC) 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.


Pivotal Investment III 5-Year Yield-on-Cost % Related Terms

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


Pivotal Investment III (Pivotal Investment III) Business Description

Traded in Other Exchanges
N/A
Address
c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, New York, NY, USA, 10174
Pivotal Investment Corp III is a blank check company.
Executives
Jonathan J Ledecky director, 10 percent owner C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Kevin Griffin director, 10 percent owner, officer: Chief Executive Officer C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Pivotal Investment Holdings Iii Llc 10 percent owner C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Kristen Dumont director C/O KHOSLA VENTURES ACQUISITION CO. IV, 2128 SAND HILL RD, MENLO PARK CA 94025
Katherine Oliver director 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
James Hr Brady officer: Chief Financial Officer 1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
Katrina Adams director C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Sarah Sclarsic director C/O PIVOTAL INVESTMENT CORPORATION II, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Greg Racz officer: Chief Operating Officer C/O OCTAVIAN GLOBAL PARTNERS, LLC, 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022

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