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Gold Mountain (ASX:GMN) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 14, 2024)


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What is Gold Mountain 5-Year Yield-on-Cost %?

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


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



ASX:GMN's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.15
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Gold Mountain's 5-Year Yield-on-Cost %

For the Gold subindustry, Gold Mountain'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.


Gold Mountain's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gold Mountain's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Gold Mountain 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 Gold Mountain is calculated as

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

Gold Mountain  (ASX:GMN) 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.


Gold Mountain 5-Year Yield-on-Cost % Related Terms

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Gold Mountain (ASX:GMN) Business Description

Traded in Other Exchanges
N/A
Address
24/589 Stirling Highway, Cottesloe, WA, AUS, 6011
Gold Mountain Ltd is engaged in exploring, and developing areas that are prospective for gold and other precious and base metals and minerals. The company's geographical segment includes Australia, Brazil and Papua New Guinea. It generates maximum revenue from Australia. Some of its projects include the Wabag Project and Mongae Creek.

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