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Adit Edtech Acquisition (Adit Edtech Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 04, 2024)


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What is Adit Edtech Acquisition 5-Year Yield-on-Cost %?

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


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



ADEX's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.915
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Shell Companies subindustry, Adit Edtech 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.


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

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

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



Adit Edtech 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 Adit Edtech Acquisition is calculated as

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

Adit Edtech Acquisition  (AMEX:ADEX) 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.


Adit Edtech Acquisition 5-Year Yield-on-Cost % Related Terms

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


Adit Edtech Acquisition (Adit Edtech Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 33rd Floor, New York, NY, USA, 10105
Adit Edtech Acquisition Corp is a blank check company.
Executives
Sharmila Kassam director 4103 IDLEWILD ROAD, AUSTIN TX 78731
Elizabeth B. Porter officer: See Remarks 44 FENNO RD, NEWTON MA 02459
David L. Shrier director, officer: President and CEO 250 1ST AVE, UNIT 336, CHARLESTOWN MA 02129
Jacob Cohen director 613 PLEASANT STREET, BELMONT MA 02478
Sheldon H. Levy director 704 BALLIOL STREET, TORONTO Z4 M4S 1E7
John J. D'agostino officer: See Remarks 201 E 79TH STREET 6A, NEW YORK CITY NY 10075
Adit Edtech Sponsor, Llc 10 percent owner 515 NORTH FLAGLER DRIVE, SUITE P-300, WEST PALM BEACH FL 33401
Eric L Munson director 1100 SE ATLANTIC DRIVE, LANTANA FL 33462

Adit Edtech Acquisition (Adit Edtech Acquisition) Headlines

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