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Tana Resources (XCNQ:TANA) 5-Year Yield-on-Cost % : 0.00 (As of May. 29, 2024)


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

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


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



XCNQ:TANA'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 Tana Resources's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Tana 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.


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

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

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



Tana 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 Tana Resources is calculated as

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

Tana Resources  (XCNQ:TANA) 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.


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

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Tana Resources (XCNQ:TANA) Business Description

Traded in Other Exchanges
N/A
Address
1100 Melville Street., Suite 830, Vancouver, BC, CAN, V6E 4A6
Tana Resources Corp is a Canadian mining exploration company focused on the acquisition and development of high-value mining projects. Its activities include the acquisition and exploration of mineral resource properties with an emphasis on the Double T Property located in the Liard Mining District, British Columbia.
Executives
Vartan Korajian Director, Senior Officer

Tana Resources (XCNQ:TANA) Headlines

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