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Canter Resources (XCNQ:CRC) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 06, 2024)


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

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


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



XCNQ:CRC'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 Canter Resources's 5-Year Yield-on-Cost %

For the Other Precious Metals & Mining subindustry, Canter 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.


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

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

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



Canter 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 Canter Resources is calculated as

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

Canter Resources  (XCNQ:CRC) 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.


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

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Canter Resources (XCNQ:CRC) Business Description

Traded in Other Exchanges
Address
918-1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
Canter Resources Corp's principal includes the exploration and development of base and precious mineral resources in British Columbia. The company's project includes the Columbus lithium-boron project. Puzzle Lake Gold Project, Santoy-Seabee mine complex in Saskatchewan, Canada and the Beaver Creek Property.
Executives
Joness Lang Director, Senior Officer