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Eminent Gold (TSXV:EMNT) 5-Year Yield-on-Cost % : 0.00 (As of Jan. 19, 2025)


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What is Eminent Gold 5-Year Yield-on-Cost %?

Eminent Gold's yield on cost for the quarter that ended in Sep. 2024 was 0.00.


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



TSXV:EMNT's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.85
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Eminent Gold's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Eminent Gold'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.


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

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

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



Eminent Gold 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 Eminent Gold is calculated as

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

Eminent Gold  (TSXV:EMNT) 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.


Eminent Gold 5-Year Yield-on-Cost % Related Terms

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


Eminent Gold Business Description

Traded in Other Exchanges
Address
3849 Thurston Street, Burnaby, BC, CAN, V5H 1H9
Eminent Gold Corp is engaged in the exploration and evaluation of resource properties. The projects of the company include Spanish Moon District, Weepah, and Hot Springs Range.
Executives
Daniel Mccoy Director
Michael Kosowan Director
Paul Sun Director, Senior Officer

Eminent Gold Headlines

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