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Golden Matrix Group (Golden Matrix Group) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 29, 2024)


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What is Golden Matrix Group 5-Year Yield-on-Cost %?

Golden Matrix Group's yield on cost for the quarter that ended in Jan. 2024 was 0.00.


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



GMGI's 5-Year Yield-on-Cost % is not ranked *
in the Interactive Media industry.
Industry Median: 2.635
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Golden Matrix Group's 5-Year Yield-on-Cost %

For the Electronic Gaming & Multimedia subindustry, Golden Matrix Group'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.


Golden Matrix Group's 5-Year Yield-on-Cost % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Golden Matrix Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Golden Matrix Group's 5-Year Yield-on-Cost % falls into.



Golden Matrix Group 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 Golden Matrix Group is calculated as

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

Golden Matrix Group  (NAS:GMGI) 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.


Golden Matrix Group 5-Year Yield-on-Cost % Related Terms

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Golden Matrix Group (Golden Matrix Group) Business Description

Traded in Other Exchanges
N/A
Address
3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103
Golden Matrix Group Inc is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located in the Asia Pacific region. The company operates in two reportable segments; B2B and B2C. The B2C segment earns majority revenue. The company operates in UK, Asia Pacific and Latin America. It offers configurable and scalable iGaming platforms and operate some of the industry's iconic brands, including MexPlay, R Kings Competitions and GM-AG.
Executives
Philip Moyes director 54 KINGS WHARF, QUAY 27, QUEENSWAY J1 GX11 1AA
Thomas Mcchesney director PO BOX 2910, TACOMA WA 98401-2910
Omar Jimenez officer: CFO & Chief Compliance Officer C/O MONAKER GROUP INC., 2690 WESTON ROAD, SUITE 200, WESTON FL 33331
Aaron Richard Johnston director 3851 LINDELL RD, STE D131, LAS VEGAS NV 89103
Murray George Smith director 11920 SOUTHERN HIGHLANDS PARKWAY,, SUITE 200, LAS VEGAS NV 89141
Luxor Capital Llc 10 percent owner 3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Anthony Brian Goodman director, 10 percent owner, officer: CEO 3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Weiting Feng director, officer: CFO 3651 LINDELL RD STE D131, LAS VEGAS NV 89103