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Equinox Gold (Equinox Gold) 5-Year Yield-on-Cost % : 0.00 (As of May. 16, 2024)


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What is Equinox Gold 5-Year Yield-on-Cost %?

Equinox Gold's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



EQX's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.02
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Equinox Gold's 5-Year Yield-on-Cost %

For the Gold subindustry, Equinox Gold'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.


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

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

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



Equinox Gold 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 Equinox Gold is calculated as

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

Equinox Gold  (AMEX:EQX) 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.


Equinox Gold 5-Year Yield-on-Cost % Related Terms

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Equinox Gold (Equinox Gold) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6C 1G8
Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration and development of mineral properties, with a focus on gold. Equinox Gold has around seven operating gold mines and a clear plan to increase production by advancing a pipeline of growth projects.