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Galata Acquisition (Galata Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 07, 2024)


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

Galata Acquisition's yield on cost for the quarter that ended in Mar. 2023 was 0.00.


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



GLTA.WS's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.065
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Shell Companies subindustry, Galata 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.


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

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

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



Galata 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 Galata Acquisition is calculated as

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

Galata Acquisition  (AMEX:GLTA.WS) 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.


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

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Galata Acquisition (Galata Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2001 South Street South West, Suite 320, Washington, DC, USA, 20009
Galata Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Galata Acquisition (Galata Acquisition) Headlines

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