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Global Crossing Airlines Group (NEOE:JET) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 11, 2024)


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What is Global Crossing Airlines Group 5-Year Yield-on-Cost %?

Global Crossing Airlines Group's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



NEOE:JET's 5-Year Yield-on-Cost % is not ranked *
in the Transportation industry.
Industry Median: 3.47
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Global Crossing Airlines Group's 5-Year Yield-on-Cost %

For the Airlines subindustry, Global Crossing Airlines Group'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.


Global Crossing Airlines Group's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Global Crossing Airlines Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Global Crossing Airlines Group's 5-Year Yield-on-Cost % falls into.



Global Crossing Airlines Group 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 Global Crossing Airlines Group is calculated as

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

Global Crossing Airlines Group  (NEOE:JET) 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.


Global Crossing Airlines Group 5-Year Yield-on-Cost % Related Terms

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Global Crossing Airlines Group (NEOE:JET) Business Description

Traded in Other Exchanges
Address
4200 NW 36th Street, Building 5A, Miami International Airport, Miami, FL, USA, 33166
Global Crossing Airlines Group Inc is an airline operator for both narrow and widebody aircraft around the world, utilizing the efficiencies of an Airbus A320/321 fleet. The company operates wet lease and ACMI flights for airlines and charter operations for tour operators, professional and college teams, and other groups.
Executives
Ryan Goepel Director, Senior Officer

Global Crossing Airlines Group (NEOE:JET) Headlines

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