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Trine Acquisition (Trine Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 09, 2024)


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

Trine Acquisition's yield on cost for the quarter that ended in Sep. 2020 was 0.00.


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



TRNE's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.135
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Shell Companies subindustry, Trine 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.


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

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

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



Trine 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 Trine Acquisition is calculated as

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

Trine Acquisition  (NYSE:TRNE) 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.


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

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Trine Acquisition (Trine Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
405 Lexington Avenue, 48th Floor, The Chrysler Building, New York, NY, USA, 10174
Trine Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Trine Acquisition (Trine Acquisition) Headlines

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