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Greencity Acquisition (Greencity Acquisition) 5-Year Yield-on-Cost % : 0.00 (As of May. 27, 2024)


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

Greencity Acquisition's yield on cost for the quarter that ended in Dec. 2022 was 0.00.


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



GRCYF's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.725
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Shell Companies subindustry, Greencity 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.


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

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

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



Greencity 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 Greencity Acquisition is calculated as

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

Greencity Acquisition  (OTCPK:GRCYF) 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.


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

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Greencity Acquisition (Greencity Acquisition) Business Description

Traded in Other Exchanges
Address
505 Eshan Road, Floor 6, Pudong New District, Shanghai, CHN, 200120
Website
Greencity Acquisition Corp is a blank check company.
Executives
Hudson Bay Capital Management Lp 10 percent owner 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber 10 percent owner C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Lawrence Feis 10 percent owner 190 EAST WALTON PLACE, UNIT 603, CHICAGO IL 60611
Feis Equities Llc 10 percent owner 20 NORTH WACKER DRIVE, SUITE 2115, CHICAGO IL 60606
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Lei Wang director 2609 MONTE CRESTA DRIVE, BELMONT CA 94002
Cynthia Management Corp 10 percent owner SUITE 807 TOWER 2 CENTURY LINK PLAZA, NO. 1196 CENTURY AVENUE, PUDONG DISTRICT F4 200000
Jianmin Yu 10 percent owner, officer: CFO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jinlong Liu director, 10 percent owner 100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Chao Liu director 100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Ming Zhang officer: CEO 100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Yong Li director 100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017

Greencity Acquisition (Greencity Acquisition) Headlines

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