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Nevada King Gold (TSXV:NKG) 5-Year Yield-on-Cost % : 0.00 (As of May. 28, 2024)


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What is Nevada King Gold 5-Year Yield-on-Cost %?

Nevada King Gold's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



TSXV:NKG's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.09
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Other Industrial Metals & Mining subindustry, Nevada King 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.


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

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

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



Nevada King 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 Nevada King Gold is calculated as

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

Nevada King Gold  (TSXV:NKG) 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.


Nevada King Gold 5-Year Yield-on-Cost % Related Terms

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Nevada King Gold (TSXV:NKG) Business Description

Traded in Other Exchanges
Address
1600 - 595 Burrard Street, Vancouver, BC, CAN, V7X 1L4
Nevada King Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties in Nevada. The company's project portfolio includes Atlanta, Lewis, Horse Mtn. mill creek, iron and other seven projects.
Executives
Michael A Parker 10% Security Holder

Nevada King Gold (TSXV:NKG) Headlines