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Magic Empire Global (Magic Empire Global) 5-Year Yield-on-Cost % : 0.00 (As of May. 28, 2024)


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What is Magic Empire Global 5-Year Yield-on-Cost %?

Magic Empire Global's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



MEGL's 5-Year Yield-on-Cost % is not ranked *
in the Capital Markets industry.
Industry Median: 3.035
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Magic Empire Global's 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Magic Empire Global'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.


Magic Empire Global's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Magic Empire Global's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Magic Empire Global's 5-Year Yield-on-Cost % falls into.



Magic Empire Global 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 Magic Empire Global is calculated as

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

Magic Empire Global  (NAS:MEGL) 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.


Magic Empire Global 5-Year Yield-on-Cost % Related Terms

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Magic Empire Global (Magic Empire Global) Business Description

Traded in Other Exchanges
N/A
Address
3/F, 8 Wyndham Street, Central, Hong Kong, HKG
Magic Empire Global Ltd is a financial services provider in Hong Kong which principally engaged in the provision of corporate finance advisory services and underwriting services.