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Randgold & Exploration Co (JSE:RNG) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 30, 2024)


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What is Randgold & Exploration Co 5-Year Yield-on-Cost %?

Randgold & Exploration Co's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



JSE:RNG's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.17
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Randgold & Exploration Co's 5-Year Yield-on-Cost %

For the Gold subindustry, Randgold & Exploration Co'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.


Randgold & Exploration Co's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Randgold & Exploration Co's 5-Year Yield-on-Cost % falls into.



Randgold & Exploration Co 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 Randgold & Exploration Co is calculated as

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

Randgold & Exploration Co  (JSE:RNG) 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.


Randgold & Exploration Co 5-Year Yield-on-Cost % Related Terms

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Randgold & Exploration Co (JSE:RNG) Business Description

Traded in Other Exchanges
Address
114 West Street, Suite 25, Third Floor, Katherine & West Building, Sandown, Sandton, Johannesburg, ZAF, 2196
Randgold & Exploration Co Ltd is an investment holding company with assets in the Gold mining industry. Geographically it operates through the region of South Africa.