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Comet Industries (TSXV:CMU) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 24, 2025)


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What is Comet Industries 5-Year Yield-on-Cost %?

Comet Industries's yield on cost for the quarter that ended in Oct. 2024 was 0.00.


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



TSXV:CMU's 5-Year Yield-on-Cost % is not ranked *
in the Real Estate industry.
Industry Median: 3.975
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Comet Industries's 5-Year Yield-on-Cost %

For the Real Estate Services subindustry, Comet Industries'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.


Comet Industries's 5-Year Yield-on-Cost % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Comet Industries's 5-Year Yield-on-Cost % distribution charts can be found below:

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


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Comet Industries 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 Comet Industries is calculated as

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

Comet Industries  (TSXV:CMU) 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.


Comet Industries 5-Year Yield-on-Cost % Related Terms

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Comet Industries Business Description

Traded in Other Exchanges
N/A
Address
1177 West Hastings Street, Suite 1610, Vancouver, BC, CAN, V6E 2K3
Website
Comet Industries Ltd is an exploration-stage company. Principally, it is engaged in the business of acquiring and holding mineral properties and holding and managing real properties, in British Columbia. The company owns unimproved land in Kamloops, Terrace, and Pender Harbor, and a rental property in Vancouver, British Columbia on a freehold basis. Its segment includes Rental, Exploration, and General or administration. The company generates maximum revenue from the Rental segment. It owns an interest in the Big Onion zone on the Iron Mask property, which consists of approximately five crown-granted mineral claims.
Executives
Michael Santoro Director
Jesus Alfonso Director
Primex Investments Ltd. 10% Security Holder