GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cerro Grande Mining Corp (XCNQ:CEG) » Definitions » 5-Year Yield-on-Cost %

Cerro Grande Mining (XCNQ:CEG) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 19, 2024)


View and export this data going back to 1985. Start your Free Trial

What is Cerro Grande Mining 5-Year Yield-on-Cost %?

Cerro Grande Mining's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



XCNQ:CEG's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.18
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Cerro Grande Mining's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Cerro Grande Mining'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.


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

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

* The bar in red indicates where Cerro Grande Mining's 5-Year Yield-on-Cost % falls into.



Cerro Grande Mining 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 Cerro Grande Mining is calculated as

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

Cerro Grande Mining  (XCNQ:CEG) 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.


Cerro Grande Mining 5-Year Yield-on-Cost % Related Terms

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


Cerro Grande Mining (XCNQ:CEG) Business Description

Traded in Other Exchanges
Address
1 King Street West, Suite 4009, Toronto, ON, CAN, M5H 1A1
Cerro Grande Mining Corp is a Canada-based exploration company. The business activity of the group is operated in one reportable operating segment, being the acquisition, exploration, and development of mineral properties. It explores new gold, copper, and industrial mineral properties in central Chile. The company holds an interest in Pimenton Copper Gold Mining Project.