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CLRMF (Clean Air Metals) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 14, 2024)


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What is Clean Air Metals 5-Year Yield-on-Cost %?

Clean Air Metals's yield on cost for the quarter that ended in Jul. 2024 was 0.00.


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



CLRMF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.91
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Clean Air Metals's 5-Year Yield-on-Cost %

For the Other Precious Metals & Mining subindustry, Clean Air Metals'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.


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

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

* The bar in red indicates where Clean Air Metals's 5-Year Yield-on-Cost % falls into.



Clean Air Metals 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 Clean Air Metals is calculated as

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

Clean Air Metals  (OTCPK:CLRMF) 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.


Clean Air Metals 5-Year Yield-on-Cost % Related Terms

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Clean Air Metals Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 3400, Toronto, ON, CAN, M5X 1A4
Clean Air Metals Inc is engaged in mineral exploration and evaluation. The projects of the company include Thunder Bay North Property, Located approximately 50km northeast of the city of Thunder Bay, within the Thunder Bay Mining Division, in Ontario, Canada, and Triple Flag Net Smelter Royalty.