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Helium Evolution (TSXV:HEVI) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 04, 2024)


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What is Helium Evolution 5-Year Yield-on-Cost %?

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


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



TSXV:HEVI's 5-Year Yield-on-Cost % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.78
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Helium Evolution's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Helium Evolution'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.


Helium Evolution's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Helium Evolution's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Helium Evolution 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 Helium Evolution is calculated as

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

Helium Evolution  (TSXV:HEVI) 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.


Helium Evolution 5-Year Yield-on-Cost % Related Terms

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Helium Evolution (TSXV:HEVI) Business Description

Traded in Other Exchanges
Address
400 - 505 - 3rd Street SW, Calgary, AB, CAN, T2P 3E6
Helium Evolution Inc is engaged in the exploration and production of helium. The company holds helium land permits near proven discoveries of economic helium concentrations.
Executives
Patrick Mills Senior Officer

Helium Evolution (TSXV:HEVI) Headlines

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