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New Horizon Aircraft (New Horizon Aircraft) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 07, 2024)


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What is New Horizon Aircraft 5-Year Yield-on-Cost %?

New Horizon Aircraft's yield on cost for the quarter that ended in May. 2023 was 0.00.


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



HOVR's 5-Year Yield-on-Cost % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 1.19
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of New Horizon Aircraft's 5-Year Yield-on-Cost %

For the Aerospace & Defense subindustry, New Horizon Aircraft'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.


New Horizon Aircraft's 5-Year Yield-on-Cost % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where New Horizon Aircraft's 5-Year Yield-on-Cost % falls into.



New Horizon Aircraft 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 New Horizon Aircraft is calculated as

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

New Horizon Aircraft  (NAS:HOVR) 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.


New Horizon Aircraft 5-Year Yield-on-Cost % Related Terms

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New Horizon Aircraft (New Horizon Aircraft) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
Website
New Horizon Aircraft Ltd is an advanced aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its unique aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, Floods and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.

New Horizon Aircraft (New Horizon Aircraft) Headlines

From GuruFocus

Horizon Aircraft Provides Corporate Update

By Marketwired 04-16-2024