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Reno Gold (Reno Gold) 5-Year Yield-on-Cost % : 0.00 (As of May. 28, 2024)


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

Reno Gold's yield on cost for the quarter that ended in . 20 was 0.00.


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



RNGG's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.1
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, Reno Gold'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.


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

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

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



Reno Gold 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 Reno Gold is calculated as

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

Reno Gold  (OTCPK:RNGG) 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.


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

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Reno Gold (Reno Gold) Business Description

Traded in Other Exchanges
N/A
Address
119 Westcreek Drive - Unit 3, Woodbridge, Vaughan, ON, CAN, L4L9N6
Reno Gold Corp is engaged in precious metals exploration in the area of Nevada, United States.

Reno Gold (Reno Gold) Headlines

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