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Stornoway Diamond (Stornoway Diamond) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 28, 2024)


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What is Stornoway Diamond 5-Year Yield-on-Cost %?

Stornoway Diamond's yield on cost for the quarter that ended in Jun. 2019 was 0.00.


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



SWYDF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.23
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Stornoway Diamond's 5-Year Yield-on-Cost %

For the Other Precious Metals & Mining subindustry, Stornoway Diamond'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.


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

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

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



Stornoway Diamond 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 Stornoway Diamond is calculated as

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

Stornoway Diamond  (OTCPK:SWYDF) 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.


Stornoway Diamond 5-Year Yield-on-Cost % Related Terms

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


Stornoway Diamond (Stornoway Diamond) Business Description

Traded in Other Exchanges
N/A
Address
1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.

Stornoway Diamond (Stornoway Diamond) Headlines

From GuruFocus

Stornoway Announces Board Appointment

By GlobeNewswire GlobeNewswire 06-13-2018

Stornoway Granted Approval and Vesting Order

By GlobeNewswire GlobeNewswire 10-07-2019

Stornoway Announces Recommencement of Renard Mine Operations

By GlobeNewswire GlobeNewswire 07-04-2018

Stornoway Receives Notice of Delisting Review by TSX

By GlobeNewswire GlobeNewswire 08-22-2019