GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lumina Gold Corp (OTCPK:LMGDF) » Definitions » 5-Year Yield-on-Cost %

Lumina Gold (Lumina Gold) 5-Year Yield-on-Cost % : 0.00 (As of May. 24, 2024)


View and export this data going back to 2014. Start your Free Trial

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

Lumina Gold's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



LMGDF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.965
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, Lumina 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.


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

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

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



Lumina 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 Lumina Gold is calculated as

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

Lumina Gold  (OTCPK:LMGDF) 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.


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

Thank you for viewing the detailed overview of Lumina Gold's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lumina Gold (Lumina Gold) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 2T6
Lumina Gold Corp is a precious and base metals exploration and development company focused on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador. Cangrejos is being advanced to a Pre-Feasibility Study and is the largest primary gold deposit in Ecuador. The company has an experienced management team with a successful track record of advancing and monetizing exploration projects. It has one reportable operating segment, being that of the acquisition, exploration and evaluation of mineral properties in Ecuador.