GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grounded Lithium Corp (TSXV:GRD) » Definitions » 5-Year Yield-on-Cost %

Grounded Lithium (TSXV:GRD) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Grounded Lithium 5-Year Yield-on-Cost %?

Grounded Lithium's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



TSXV:GRD'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 Grounded Lithium's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Grounded Lithium'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.


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

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

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



Grounded Lithium 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 Grounded Lithium is calculated as

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

Grounded Lithium  (TSXV:GRD) 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.


Grounded Lithium 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Grounded Lithium's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Grounded Lithium (TSXV:GRD) Business Description

Traded in Other Exchanges
Address
500, 400-5th Avenue SW, Calgary, AB, CAN, T2P 0L6
Grounded Lithium Corp is a lithium resource company focused on supplying lithium to the rapidly developing electricity-powered economy. It controls approximately 2.9 million tonnes of lithium carbonate equivalent over its focused land holdings in Southwest Saskatchewan.

Grounded Lithium (TSXV:GRD) Headlines

No Headlines