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CTXDF (Cantex Mine Development) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 13, 2024)


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What is Cantex Mine Development 5-Year Yield-on-Cost %?

Cantex Mine Development's yield on cost for the quarter that ended in Jul. 2024 was 0.00.


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



CTXDF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.89
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Cantex Mine Development's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Cantex Mine Development'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.


Cantex Mine Development's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cantex Mine Development's 5-Year Yield-on-Cost % falls into.



Cantex Mine Development 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 Cantex Mine Development is calculated as

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

Cantex Mine Development  (OTCPK:CTXDF) 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.


Cantex Mine Development 5-Year Yield-on-Cost % Related Terms

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Cantex Mine Development Business Description

Traded in Other Exchanges
Address
203-1634 Harvey Avenue, Kelowna, BC, CAN, V1Y 6G2
Cantex Mine Development Corp is a Canada-based exploration-stage company. The principal activities of the company include the acquisition and exploration of mineral properties for commercial mineral deposits. The company holds an interest in several properties in Yemen including Al Hariqah. Its exploration and mineral properties in Nevada. The company holds an interest in a few claim blocks located in Yukon. The company operates through a single segment Mineral Exploration. Geographically it operates in Canada, Yemen, and the United States of America, and the majority of its revenue is generated from Canada.

Cantex Mine Development Headlines

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