DeFi Technologies Inc. (DEFT) Yield on Cost (YOC): N/A
The yield on cost (YOC) for DeFi Technologies Inc. (DEFT) is N/A.
DEFT Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
N/A
Yield on cost doesn't apply to DEFT
DeFi Technologies Inc. (DEFT) does not currently pay a dividend, so there is no yield to measure against a purchase price. Yield on cost becomes meaningful once a company begins and grows a dividend.
DeFi Technologies Inc. Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
About DeFi Technologies Inc.
DeFi Technologies Inc. is a technology company specializing in creating exchange-traded products (ETPs) within Canada, which are designed to mirror the value of single or multiple decentralized finance (DeFi) protocols. The company also delivers a range of related services, including asset management, providing clients with indirect access to underlying digital assets, indexes, and other DeFi instruments. Furthermore, DeFi Technologies engages in early-stage investments across the digital asset ecosystem, operates a dedicated arbitrage trading desk to capitalize on low-risk market opportunities, conducts proprietary research, and offers an OTC desk along with digital asset liquidity solutions. Established in 1986 and headquartered in Toronto, Canada, the company was formerly known as Valour Inc. until it rebranded to DeFi Technologies Inc. in July 2023.
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- CEO
- Johan Wattenstrom