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Globex Mining Enterprises (Globex Mining Enterprises) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)


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What is Globex Mining Enterprises 5-Year Yield-on-Cost %?

Globex Mining Enterprises's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



GLBXF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.16
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Globex Mining Enterprises's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Globex Mining Enterprises'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.


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

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

* The bar in red indicates where Globex Mining Enterprises's 5-Year Yield-on-Cost % falls into.



Globex Mining Enterprises 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 Globex Mining Enterprises is calculated as

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

Globex Mining Enterprises  (OTCPK:GLBXF) 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.


Globex Mining Enterprises 5-Year Yield-on-Cost % Related Terms

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Globex Mining Enterprises (Globex Mining Enterprises) Business Description

Traded in Other Exchanges
Address
89 Belsize Drive, Toronto, ON, CAN, M4S 1L3
Globex Mining Enterprises Inc is a Canada-based exploration company. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.

Globex Mining Enterprises (Globex Mining Enterprises) Headlines