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EDM Resources (TSXV:EDM) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)


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What is EDM Resources 5-Year Yield-on-Cost %?

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


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



TSXV:EDM's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.16
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of EDM Resources's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, EDM Resources'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.


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

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

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



EDM Resources 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 EDM Resources is calculated as

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

EDM Resources  (TSXV:EDM) 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.


EDM Resources 5-Year Yield-on-Cost % Related Terms

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EDM Resources (TSXV:EDM) Business Description

Traded in Other Exchanges
N/A
Address
1959 Upper Water Street, Suite 1301, Purdy's Wharf, Halifax, NS, CAN, B3J 3N2
EDM Resources Inc is an exploration and development company. The company is engaged in base metals mining and related activities, including the exploration and evaluation of mineral property interests that are considered to have the potential for economic mineralization and development. Its project includes Scotia Mine; Eastville Prospect; Carrolls Farm and Carrolls Corner Prospects.
Executives
Mark Stephen Richard Haywood Senior Officer

EDM Resources (TSXV:EDM) Headlines

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