GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Planet Ventures Inc (OTCPK:PNXPF) » Definitions » 5-Year Yield-on-Cost %

Planet Ventures (Planet Ventures) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 09, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Planet Ventures 5-Year Yield-on-Cost %?

Planet Ventures's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



PNXPF's 5-Year Yield-on-Cost % is not ranked *
in the Asset Management industry.
Industry Median: 5.9
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Planet Ventures's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Planet Ventures'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.


Planet Ventures's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Planet Ventures's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Planet Ventures 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 Planet Ventures is calculated as

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

Planet Ventures  (OTCPK:PNXPF) 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.


Planet Ventures 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Planet Ventures's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Planet Ventures (Planet Ventures) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7
Planet Ventures Inc is an investment company. The company invests in a portfolio of shares and other securities of public and private companies. It invests in the mining, cryptocurrency, and blockchain arena in addition to its most recent investment in a legal web-based sportsbook.

Planet Ventures (Planet Ventures) Headlines

From GuruFocus

1st11's Entertainment and Gaming Platform Launches December 1st, 2020

By GlobeNewswire GlobeNewswire 12-01-2020