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Forza X1 (Forza X1) 5-Year Yield-on-Cost % : 0.00 (As of May. 19, 2024)


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What is Forza X1 5-Year Yield-on-Cost %?

Forza X1's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


The historical rank and industry rank for Forza X1's 5-Year Yield-on-Cost % or its related term are showing as below:



FRZA's 5-Year Yield-on-Cost % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.41
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Forza X1's 5-Year Yield-on-Cost %

For the Recreational Vehicles subindustry, Forza X1'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 X1's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Forza X1's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Forza X1's 5-Year Yield-on-Cost % falls into.



Forza X1 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 X1 is calculated as

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

Forza X1  (NAS:FRZA) 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 X1 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Forza X1's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Forza X1 (Forza X1) Business Description

Traded in Other Exchanges
N/A
Address
3101 S. US-1, Fort Pierce, FL, USA, 34982
Forza X1 Inc develops and manufactures fully electric, affordable boats with mass appeal. The company is focused on the creation, implementation, and sale of electric boats utilizing its electric vehicle (EV) technology to control and power its boats and proprietary outboard electric motor. its electric boats are being designed as fully integrated electric boats including the hull, outboard motor, and control system. Its initial two models, the FX1 Dual Console and FX1 Center Console are being designed to be 24 feet in length, have an 8' beam or width, and utilize a catamaran hull surface to reduce drag and increase run times.
Executives
Carrie L. Gunnerson officer: Interim CFO/Interim PAO 5556 HIGHWAY 9, ARMSTRONG IA 50514
Kevin Schuyler director 1180 SEMINOLE TRAIL, SUITE 495, CHARLOTTESVILLE VA 22901
Marcia Kull director 3101 S. US-1, FT. PIERCE FL 34982
James Howard Leffew director, officer: President and CEO 3101 S. US-1, FT. PIERCE FL 34928
Joseph C Visconti director, 10 percent owner, officer: EC and Chief of PD 525 SOUTH FLAGLER DRIVE #400, WEST PALM BEACH FL 33401
Twin Vee Powercats, Inc. 10 percent owner 3101 SOUTH US HIGHWAY 1, FT PIERCE FL 34982
Neil Ross director 3101 S. US-1, FT. PIERCE FL 34982
Twin Vee Powercats, Co. 10 percent owner 3101 S. FEDERAL HIGHWAY, FT. PIERCE FL 34982
Nicole Marie Camacho officer: Chief Financial Officer 3101 S US-1, FT. PIERCE FL 34982