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Star Diamond (TSX:DIAM) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 19, 2024)


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What is Star Diamond 5-Year Yield-on-Cost %?

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


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



TSX:DIAM'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 Star Diamond's 5-Year Yield-on-Cost %

For the Other Precious Metals & Mining subindustry, Star Diamond'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.


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

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

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



Star Diamond 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 Star Diamond is calculated as

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

Star Diamond  (TSX:DIAM) 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.


Star Diamond 5-Year Yield-on-Cost % Related Terms

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Star Diamond (TSX:DIAM) Business Description

Traded in Other Exchanges
Address
600, 224 - 4th Avenue South, Saskatoon, SK, CAN, S7K 5M5
Star Diamond Corp is a Canadian natural resource company. The activities of the company are the exploration, development, and production of diamonds. The company owns an interest in the Star-Orion South Diamond project, and Fort a la Corne Diamond District properties located in central Saskatchewan; and Buffalo Hills property located in the northwest of Edmonton.
Executives
Ewan Mason Director
Mark Shimell Senior Officer

Star Diamond (TSX:DIAM) Headlines

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