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Forza Innovations (Forza Innovations) 5-Year Yield-on-Cost % : 0.00 (As of May. 23, 2024)


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What is Forza Innovations 5-Year Yield-on-Cost %?

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


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



FORZ's 5-Year Yield-on-Cost % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.2
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Medical Devices subindustry, Forza Innovations'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.


Forza Innovations's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Forza Innovations's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Forza Innovations 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 Forza Innovations is calculated as

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

Forza Innovations  (OTCPK:FORZ) 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.


Forza Innovations 5-Year Yield-on-Cost % Related Terms

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Forza Innovations (Forza Innovations) Business Description

Traded in Other Exchanges
N/A
Address
406 9th Avenue, Suite 210, San Diego, CA, USA, 92101
Forza Innovations Inc is in the health-tech wearable performance business. The company has acquired all the ownership and rights to certain late developmental-stage products, including the J4 Sport, J4 X, and J4 Fitbelt. These products are wearable back compression devices, used to relax, warm up, loosen, or relax stiff & sore muscles. The therapeutic application of heat causes a change in the temperature of the soft tissues which decreases joint stiffness and relieves inflammation.
Executives
Johnny Forzani director, 10 percent owner, officer: Pres., CEO, Sec., Treas., CFO 30 FORZANI WAY, CALGARY A0 T3Z 1L5
Shefali Vibhakar director, 10 percent owner, officer: President, CEO, CFO, Sec. Trea 1914 24TH AVE E, PALMETTO FL 34221
Tom Forzani director 30 FORZANI WAY, CALGARY A0 T3Z 1L5
Geoff Stanbury director BOX 25 SITE 1 RR1, MILLARVILLE A0 T0L 1K0