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Golden Royal Development (Golden Royal Development) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)


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What is Golden Royal Development 5-Year Yield-on-Cost %?

Golden Royal Development's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



GRDV's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.18
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Golden Royal Development's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Golden Royal Development'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 Royal Development's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

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

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



Golden Royal Development 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 Royal Development is calculated as

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

Golden Royal Development  (OTCPK:GRDV) 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 Royal Development 5-Year Yield-on-Cost % Related Terms

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Golden Royal Development (Golden Royal Development) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
80 Main Street, Suite 415, West Orange, NJ, USA, 11211
Website
Golden Royal Development Inc United States based company. The company engages in the business of purchasing and selling mineral leases and other interests in mineral rights.

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