Vision Marine Technologies (Vision Marine Technologies) 5-Year Yield-on-Cost % : 0.00 (As of May. 19, 2024)

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What is Vision Marine Technologies 5-Year Yield-on-Cost %?

Vision Marine Technologies's yield on cost for the quarter that ended in Feb. 2024 was 0.00.

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

VMAR'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 Vision Marine Technologies's 5-Year Yield-on-Cost %

For the Recreational Vehicles subindustry, Vision Marine Technologies'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.

Vision Marine Technologies's 5-Year Yield-on-Cost % Distribution in the Vehicles & Parts Industry

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

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

Vision Marine Technologies 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 Vision Marine Technologies is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Vision Marine Technologies (NAS:VMAR) 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.

Vision Marine Technologies 5-Year Yield-on-Cost % Related Terms

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Vision Marine Technologies (Vision Marine Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vision Marine Technologies Inc (NAS:VMAR) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

730 Boulevard du Cure-Boivin, Boisbriand, Montreal, QC, CAN, J7G 2A7

Website

https://www.visionmarinetechnologies.com

Vision Marine Technologies Inc is in the business of designing and manufacturing electric outboard powertrain systems, power boats, and related technology and the renting of electric boats. The different models of the powerboats and electric boats manufactured by the company includes, Bruce 22, Fantail 217, Volt 180 and others. The company operates in two reportable business segments; Sale of electric boats and Rental of electric boats. The majority of the revenue for the company is generated from its Rental of electric boats segment. Geographically, the company generates revenue from its business in Canada, USA and other countries. A substantial portion of the overall revenue is generated from its business in USA.