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Triple One Metals (XCNQ:TONE) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 21, 2024)


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What is Triple One Metals 5-Year Yield-on-Cost %?

Triple One Metals's yield on cost for the quarter that ended in Feb. 2024 was 0.00.


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



XCNQ:TONE's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.195
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Triple One Metals's 5-Year Yield-on-Cost %

For the Gold subindustry, Triple One Metals'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.


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

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

* The bar in red indicates where Triple One Metals's 5-Year Yield-on-Cost % falls into.



Triple One Metals 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 Triple One Metals is calculated as

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

Triple One Metals  (XCNQ:TONE) 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.


Triple One Metals 5-Year Yield-on-Cost % Related Terms

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Triple One Metals (XCNQ:TONE) Business Description

Traded in Other Exchanges
Address
59 Payzant Drive, Windsor, NS, CAN, B0N 2T0
Triple One Metals Inc is a mineral exploration company involved in the identification, acquisition, and exploration of mineral properties located in Atlantic Canada. The company is involved in exploring of precious and base metal deposits. Its projects include Caledonia Brook; Golden Eye; Manuels and Highfield.

Triple One Metals (XCNQ:TONE) Headlines

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