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Vantex Resources (TSXV:VAX) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 06, 2024)


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What is Vantex Resources 5-Year Yield-on-Cost %?

Vantex Resources's yield on cost for the quarter that ended in Oct. 2023 was 0.00.


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



TSXV:VAX's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.135
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Vantex Resources's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Vantex Resources'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.


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

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

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



Vantex Resources 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 Vantex Resources is calculated as

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

Vantex Resources  (TSXV:VAX) 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.


Vantex Resources 5-Year Yield-on-Cost % Related Terms

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


Vantex Resources (TSXV:VAX) Business Description

Traded in Other Exchanges
Address
400 - 837 West Hastings Street, Vancouver, BC, CAN, V6C3N6
Vantex Resources Ltd is a Canadian company that is engaged in the acquisition, exploration, and development of mining properties. The company owns an interest in the Galloway project which includes several properties Hurd, Ogima North, Sandborn, Perron, Francoeur, Cadillac Rang III and Renault Bay among others.
Executives
Anthony Jackson Director, Senior Officer

Vantex Resources (TSXV:VAX) Headlines

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