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


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

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


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



RDGA'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 Ridgefield Acquisition's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Ridgefield 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.


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

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

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



Ridgefield 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 Ridgefield Acquisition is calculated as

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

Ridgefield Acquisition  (OTCPK:RDGA) 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.


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

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Ridgefield Acquisition (Ridgefield Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
3827 S Carson Street, Unit 505-25, PMB 1078, Carson, NV, USA, 89701
Ridgefield Acquisition Corp is a shell company. Its plan of operation is to arrange for a merger, acquisition, business combination or other arrangements by and between the company and a viable operating entity.
Executives
Steven N Bronson director, 10 percent owner, officer: President
Eugene Oshinsky 10 percent owner 5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Rosa Oshinsky 10 percent owner 5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Ram Capital Management Trust 01 10 percent owner 5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Leonard Hagan director 650 THOMAS AVENUE, BALDWIN NY 11510
Kenneth Steven Schwartz director 26 NAVAJO ROAD, MANALAPAN NJ 07726

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