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Element 29 Resources (Element 29 Resources) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 25, 2024)


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What is Element 29 Resources 5-Year Yield-on-Cost %?

Element 29 Resources's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


The historical rank and industry rank for Element 29 Resources's 5-Year Yield-on-Cost % or its related term are showing as below:



EMTRF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.14
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Element 29 Resources's 5-Year Yield-on-Cost %

For the Copper subindustry, Element 29 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.


Element 29 Resources's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Element 29 Resources's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Element 29 Resources's 5-Year Yield-on-Cost % falls into.



Element 29 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 Element 29 Resources is calculated as

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

Element 29 Resources  (OTCPK:EMTRF) 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.


Element 29 Resources 5-Year Yield-on-Cost % Related Terms

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Element 29 Resources (Element 29 Resources) Business Description

Traded in Other Exchanges
Address
1650 - 1066 West Hastings Street, Vancouver, BC, CAN, V6C3X1
Element 29 Resources Inc is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties. Its projects include the Flor de Cobre copper project and the Elida copper Project, among others. It has one business segment, the exploration of mineral properties. The company's properties are located in Peru.

Element 29 Resources (Element 29 Resources) Headlines