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Envoy Medical (Envoy Medical) 5-Year Yield-on-Cost % : 0.00 (As of May. 24, 2024)


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What is Envoy Medical 5-Year Yield-on-Cost %?

Envoy Medical's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



COCH's 5-Year Yield-on-Cost % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.195
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Medical Devices subindustry, Envoy Medical'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.


Envoy Medical's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Envoy Medical's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Envoy Medical 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 Envoy Medical is calculated as

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

Envoy Medical  (NAS:COCH) 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.


Envoy Medical 5-Year Yield-on-Cost % Related Terms

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Envoy Medical (Envoy Medical) Business Description

Traded in Other Exchanges
N/A
Address
4875 White Bear Parkway, White Bear Lake, MN, USA, 55110
Envoy Medical Inc is focused on designing, developing, and marketing fully implantable medical devices that improve hearing. The Company's first commercial product, the Esteem PMA application, is a fully implantable hearing device. The Esteem PMA was cleared in 2010 by the United States Food and Drug Administration. The Company intends to continue to pursue the development of a cochlear implant.