GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Trutankless Inc (OTCPK:TKLS) » Definitions » 5-Year Yield-on-Cost %

Trutankless (Trutankless) 5-Year Yield-on-Cost % : 0.00 (As of May. 16, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Trutankless 5-Year Yield-on-Cost %?

Trutankless's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


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



TKLS's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 2.715
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Consumer Electronics subindustry, Trutankless'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.


Trutankless's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Trutankless's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Trutankless 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 Trutankless is calculated as

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

Trutankless  (OTCPK:TKLS) 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.


Trutankless 5-Year Yield-on-Cost % Related Terms

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


Trutankless (Trutankless) Business Description

Traded in Other Exchanges
N/A
Address
15900 North 78th Street, Suite 200, Scottsdale, AZ, USA, 85260
Trutankless Inc is engaged in manufacturing electric tankless water heaters that far surpasses traditional tank water heaters in energy efficiency, output, dependability, and environmental sustainability. The company anticipates its second generation Trutankless water heaters, with Wi-Fi, Bluetooth, and Zigbee capabilities to help modernize the water heating industry. The Trutankless brand mission is to apply smart engineering to forward-thinking technologies that save customers money, energy, and space.
Executives
Buit Right Holdings, Llc 10 percent owner 8790 E. VIA DE VENTURA, SUITE 4640, SCOTTSDALE AZ 85258
Michael Stebbins director 14646 N KIERLAND BLVD, SUITE 270, SCOTTSDALE AZ 85254
Robertson J Orr director, officer: President & CEO 14646 N KIERLAND BLVD, SUITE 270, SCOTTSDALE AZ 85254

Trutankless (Trutankless) Headlines