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Nevada Lithium Resources (XCNQ:NVLH) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 09, 2024)


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What is Nevada Lithium Resources 5-Year Yield-on-Cost %?

Nevada Lithium Resources's yield on cost for the quarter that ended in Jan. 2024 was 0.00.


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



XCNQ:NVLH'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 Nevada Lithium Resources's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Nevada Lithium 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.


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

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

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



Nevada Lithium 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 Nevada Lithium Resources is calculated as

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

Nevada Lithium Resources  (XCNQ:NVLH) 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.


Nevada Lithium Resources 5-Year Yield-on-Cost % Related Terms

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Nevada Lithium Resources (XCNQ:NVLH) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Royal Centre, Po Box 11117, Vancouver, BC, CAN, V6E 4N7
Nevada Lithium Resources Inc is in the business of the exploration and evaluation of mineral properties. Its project involves the Bonnie Claire Project is located within a flat-bottomed salt basin that is surrounded by a complete pattern of mountain ranges.
Executives
Marcel Boekhoorn 10% Security Holder

Nevada Lithium Resources (XCNQ:NVLH) Headlines

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