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Troy Minerals (XCNQ:TROY) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)


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What is Troy Minerals 5-Year Yield-on-Cost %?

Troy Minerals's yield on cost for the quarter that ended in Feb. 2024 was 0.00.


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



XCNQ:TROY'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 Troy Minerals's 5-Year Yield-on-Cost %

For the Gold subindustry, Troy Minerals'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.


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

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

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



Troy Minerals 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 Troy Minerals is calculated as

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

Troy Minerals  (XCNQ:TROY) 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.


Troy Minerals 5-Year Yield-on-Cost % Related Terms

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Troy Minerals (XCNQ:TROY) Business Description

Traded in Other Exchanges
Address
c/o 750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8
Troy Minerals Inc is a mining exploration company engaged in the identification, acquisition, evaluation, and exploration of mineral properties located in British Columbia, Canada. The company holds 100% interest in the Green Gold Property which consists of 12 mineral claims covering an area of approximately 7,587 hectares located near Prince George, British Columbia.
Executives
Rana Gurvinder Vig Director, Senior Officer

Troy Minerals (XCNQ:TROY) Headlines

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