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Global Health Clinics (XCNQ:MJRX) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 02, 2024)


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What is Global Health Clinics 5-Year Yield-on-Cost %?

Global Health Clinics's yield on cost for the quarter that ended in Jan. 2024 was 0.00.


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



XCNQ:MJRX's 5-Year Yield-on-Cost % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 2.21
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Global Health Clinics's 5-Year Yield-on-Cost %

For the Drug Manufacturers - Specialty & Generic subindustry, Global Health Clinics'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 Health Clinics's 5-Year Yield-on-Cost % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Global Health Clinics's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Global Health Clinics 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 Health Clinics is calculated as

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

Global Health Clinics  (XCNQ:MJRX) 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 Health Clinics 5-Year Yield-on-Cost % Related Terms

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Global Health Clinics (XCNQ:MJRX) Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Global Health Clinics Ltd engages in the cannabis industry and operates medical clinics which guide patients through the process of becoming legal users of marijuana and also engages in developing psilocybin products for research and their potential usage for pharmaceutical purposes. The Company operates in two operating segments the operating of medical clinics to guide patients to become legal users of marijuana and the development of psilocybin products for research and potential usage for pharmaceutical purposes. The Company derives its key revenue from Medical Clinics for legal user of Marijuana.

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