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

Golden Deeps (ASX:GED) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 24, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Golden Deeps 5-Year Yield-on-Cost %?

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


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



ASX:GED's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.18
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Golden Deeps's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Golden Deeps'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.


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

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

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



Golden Deeps 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 Golden Deeps is calculated as

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

Golden Deeps  (ASX:GED) 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.


Golden Deeps 5-Year Yield-on-Cost % Related Terms

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


Golden Deeps (ASX:GED) Business Description

Traded in Other Exchanges
N/A
Address
8 Parliament Place, Level 1, West Perth, Perth, WA, AUS, 6005
Golden Deeps Ltd is engaged in the exploration of mineral deposits. The company is in the exploration and development of its prospects in Australia, Namibia and Canada. The company explores gold, copper, silver, lead, zinc, and vanadium deposits. The company's project comprises of Tuckers Hill and Havilah Project, Abenab Vanadium Project, and others. Substantial revenue is generated from Australian operations.

Golden Deeps (ASX:GED) Headlines

No Headlines