GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GBM Resources Ltd (ASX:GBZ) » Definitions » 5-Year Yield-on-Cost %

GBM Resources (ASX:GBZ) 5-Year Yield-on-Cost % : 0.00 (As of May. 17, 2024)


View and export this data going back to 2007. Start your Free Trial

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

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


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



ASX:GBZ's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.03
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, GBM 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.


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

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

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



GBM 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 GBM Resources is calculated as

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

GBM Resources  (ASX:GBZ) 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.


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

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


GBM Resources (ASX:GBZ) Business Description

Traded in Other Exchanges
Address
303 Coronation Drive, Level 5, Suite 502, Milton, QLD, AUS, 4064
GBM Resources Ltd is a gold exploration mining company operating in Australia. The projects of the company include Mount Coolon Gold Project, Malmsbury Gold Project, White Dam Gold - Copper HL Operation, Twin Hills Gold Project, Mount Morgan Gold Copper Project, Mayfield Copper Gold, and other joint venture projects. The company has two segments mineral exploration and resource development within Australia and production of minerals in Australia.

GBM Resources (ASX:GBZ) Headlines

No Headlines