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


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What is Prospector Capital 5-Year Yield-on-Cost %?

Prospector Capital's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


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



PRSRU's 5-Year Yield-on-Cost % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.135
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Prospector Capital's 5-Year Yield-on-Cost %

For the Shell Companies subindustry, Prospector Capital'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.


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

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

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



Prospector Capital 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 Prospector Capital is calculated as

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

Prospector Capital  (NAS:PRSRU) 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.


Prospector Capital 5-Year Yield-on-Cost % Related Terms

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


Prospector Capital (Prospector Capital) Business Description

Traded in Other Exchanges
N/A
Address
1250 Prospect Street, Suite 200, La Jolla, CA, USA, 92037
Website
Prospector Capital Corp is a blank check company.
Executives
Steven R Altman director
Jonathan A Levy director PO BOX 428, BOWLING GREEN OH 43402
Derek K Aberle officer: CEO, Director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Prospector Sponsor Llc director, 10 percent owner, other: *Director by Deputization 1250 PROSPECT STREET, SUITE 200, LA JOLLA CA 92037
Nick Stone officer: CFO, Director 1250 PROSPECT STREET, SUITE 200, LA JOLLA CA 92037
Ron Lumbra director 1250 PROSPECT STREET, SUITE 200, LA JOLLA CA 92037

Prospector Capital (Prospector Capital) Headlines