GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Diamcor Mining Inc (OTCPK:DMIFF) » Definitions » 5-Year Yield-on-Cost %

Diamcor Mining (Diamcor Mining) 5-Year Yield-on-Cost % : 0.00 (As of May. 05, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Diamcor Mining 5-Year Yield-on-Cost %?

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


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



DMIFF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.395
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Diamcor Mining's 5-Year Yield-on-Cost %

For the Other Precious Metals & Mining subindustry, Diamcor Mining'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.


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

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

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



Diamcor Mining 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 Diamcor Mining is calculated as

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

Diamcor Mining  (OTCPK:DMIFF) 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.


Diamcor Mining 5-Year Yield-on-Cost % Related Terms

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


Diamcor Mining (Diamcor Mining) Business Description

Traded in Other Exchanges
Address
1620 Dickson Avenue, Suite 630, Kelowna, BC, CAN, V1Y 9Y2
Diamcor Mining Inc is a mining and exploration company. It is engaged in the identification, acquisition, exploration, evaluation, operation, and advancement of diamond-based resource properties with a specific focus on the mining segment of the diamond industry through its subsidiaries. Some of its projects include Kimberlite, Alluvial / Eluvial, and Tailings processing projects. Geographically, it operates in Canada and South Africa.

Diamcor Mining (Diamcor Mining) Headlines