GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Faircourt Gold Income Corp (TSX:FGX) » Definitions » 5-Year Yield-on-Cost %

Faircourt Goldome (TSX:FGX) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Faircourt Goldome 5-Year Yield-on-Cost %?

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


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


During the past 13 years, Faircourt Goldome's highest Yield on Cost was 24.88. The lowest was 0.00. And the median was 9.48.


TSX:FGX's 5-Year Yield-on-Cost % is not ranked *
in the Asset Management industry.
Industry Median: 5.92
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Faircourt Goldome's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Faircourt Goldome'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.


Faircourt Goldome's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Faircourt Goldome's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Faircourt Goldome 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 Faircourt Goldome is calculated as

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

Faircourt Goldome  (TSX:FGX) 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.


Faircourt Goldome 5-Year Yield-on-Cost % Related Terms

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


Faircourt Goldome (TSX:FGX) Business Description

Traded in Other Exchanges
N/A
Address
120 Adelaide Street West, Suite 2107, Toronto, ON, CAN, M5H 1T1
Faircourt Gold Income Corp is a closed-end investment fund/investment trust. The company's investment objective is to provide shareholders with monthly distributions and the opportunity for capital appreciation. It provides investors with exposure to the various companies involved in gold exploration, mining or production, while also providing a tax-efficient yield in the form of monthly distributions. Geographically the group operates throughout the region of Canada.

Faircourt Goldome (TSX:FGX) Headlines

No Headlines