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Generic Gold (Generic Gold) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 05, 2024)


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

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


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



GGCPF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.105
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, Generic 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.


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

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

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



Generic 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 Generic Gold is calculated as

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

Generic Gold  (OTCPK:GGCPF) 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.


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

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Generic Gold (Generic Gold) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Generic Gold Corp is a gold exploration company. It is focused on gold projects in the Abitibi Greenstone Belt in Quebec, and the Gold Belt in the Yukon Territory of Canada. The company's project includes the Belvais project and the Yukon project. The company's operations comprise a single reporting operating segment engaged in mineral exploration in Canada.

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