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Northfield Capital (TSXV:NFD.A) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 01, 2024)


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

Northfield Capital's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



TSXV:NFD.A's 5-Year Yield-on-Cost % is not ranked *
in the Asset Management industry.
Industry Median: 5.905
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Asset Management subindustry, Northfield 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.


Northfield Capital's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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



Northfield 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 Northfield Capital is calculated as

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

Northfield Capital  (TSXV:NFD.A) 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.


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

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Northfield Capital (TSXV:NFD.A) Business Description

Traded in Other Exchanges
N/A
Address
141 Adelaide Street West, Sutie 301, Toronto, ON, CAN, M5H 3L5
Northfield Capital Corp is a Canada-based company. It has investment interests in the resource, transportation, manufacturing, and technology sectors. The Company's operating segments are; The investments segment includes Investment activities including holding interests in resource, manufacturing, and technology sectors, Aviation Services segment Provides chartered air, flight training, and aircraft maintenance services across Canada and across borders to the United States, the Winery segment includes Vineyard and winery located in Prince Edward County, manufacturing and selling wine, and the Distillery segment include Spirit distilling at Spirit of York distillery located in Toronto's distillery district.

Northfield Capital (TSXV:NFD.A) Headlines

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