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Orbit Garant Drilling (TSX:OGD) 5-Year Yield-on-Cost % : 0.00 (As of May. 31, 2024)


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What is Orbit Garant Drilling 5-Year Yield-on-Cost %?

Orbit Garant Drilling's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



TSX:OGD's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.095
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Orbit Garant Drilling's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Orbit Garant Drilling'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.


Orbit Garant Drilling's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Orbit Garant Drilling's 5-Year Yield-on-Cost % falls into.



Orbit Garant Drilling 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 Orbit Garant Drilling is calculated as

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

Orbit Garant Drilling  (TSX:OGD) 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.


Orbit Garant Drilling 5-Year Yield-on-Cost % Related Terms

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Orbit Garant Drilling (TSX:OGD) Business Description

Traded in Other Exchanges
Address
3200, Jean Jacques Cossette Boulevard, Val-d'Or, QC, CAN, J9P 6Y6
Orbit Garant Drilling Inc is a Canadian based drilling company providing services to mining companies through all stages of exploration, development, and production. The company operates a surface and underground diamond drilling business. The firm also manufactures conventional drill rigs while also manufacturing and providing other support equipment such as water recirculation systems, heat recovery systems, and fuel-efficient systems. The company operates in Canada, the United States, Central and South America, and West Africa. The majority of the company's revenue is derived from operations in Canada.
Executives
Alain Laplante Senior Officer

Orbit Garant Drilling (TSX:OGD) Headlines

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