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Erdene Resource Development (TSX:ERD) Forward Dividend Yield % : 0.00% (As of May. 25, 2024)


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What is Erdene Resource Development Forward Dividend Yield %?

As of today (2024-05-25), the Forward Annual Dividend Yield of Erdene Resource Development is 0.00%.

As of today (2024-05-25), the Trailing Annual Dividend Yield of Erdene Resource Development is 0.00%.

TSX:ERD's Forward Dividend Yield % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.25
* Ranked among companies with meaningful Forward Dividend Yield % only.

Erdene Resource Development's Dividends per Share for the three months ended in Mar. 2024 was C$0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Erdene Resource Development's Forward Dividend Yield %

For the Other Industrial Metals & Mining subindustry, Erdene Resource Development's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.


Erdene Resource Development's Forward Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Erdene Resource Development's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Erdene Resource Development's Forward Dividend Yield % falls into.



Erdene Resource Development Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Erdene Resource Development  (TSX:ERD) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Erdene Resource Development Forward Dividend Yield % Related Terms

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Erdene Resource Development (TSX:ERD) Business Description

Traded in Other Exchanges
Address
99 Wyse Road, Metropolitan Place, Suite 1480, Dartmouth, NS, CAN, B3A 4S5
Erdene Resource Development Corp is a Canadian-based resource exploration company. It is primarily engaged in the exploration and development of precious metals and mineral deposits in Mongolia. The company's project consists of Bayan Khundii, Altan Nar, Zuun Mod, and Khuvyn Khar. The Bayan Khundii and Altan Nar project is located within the Tian-Shan copper-gold belt in southwest Mongolia from the Chinese border city of Ceke. The Zuun Mod project is located within 200 kilometres of China's border in Mongolia's Bayankhongor Province. The Khuvyn Khar copper-silver project is located on the Zuun Mod property.
Executives
John Philip Byrne Director
Peter Akerley Director, Senior Officer

Erdene Resource Development (TSX:ERD) Headlines

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