GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Goldenstone Acquisition Ltd (NAS:GDST) » Definitions » 5-Year Yield-on-Cost %

Goldenstone Acquisition (Goldenstone Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 05, 2024)


View and export this data going back to 2022. Start your Free Trial

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

Goldenstone Acquisition's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



GDST's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.97
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Goldenstone Acquisition's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Goldenstone 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.


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

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

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



Goldenstone 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 Goldenstone Acquisition is calculated as

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

Goldenstone Acquisition  (NAS:GDST) 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.


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

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


Goldenstone Acquisition (Goldenstone Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4360 E New York Street, Aurora, IL, USA, 60504
Website
Goldenstone Acquisition Ltd is a newly organized blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Pin Tai director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Yongsheng Liu officer: Chief Operating Officer FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, N0. 272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Ray Lei Chen director, officer: Chief Financial Officer FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Nan Sun director 4360 E. NEW YORK STREET, AURORA IL 60504
Eddie Juling Ni director, officer: Chief Executive Officer 4360 E. NEW YORK STREET, AURORA IL 60504