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Canamex Resources (XTER:CX6) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)


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

Canamex Resources's yield on cost for the quarter that ended in Sep. 2019 was 0.00.


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



XTER:CX6'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 Canamex Resources's 5-Year Yield-on-Cost %

For the Gold subindustry, Canamex 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.


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

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

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



Canamex 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 Canamex Resources is calculated as

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

Canamex Resources  (XTER:CX6) 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.


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

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Canamex Resources (XTER:CX6) Business Description

Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 804, Vancouver, BC, CAN, V6C 2T7
Canamex Gold Corp is a mineral exploration company. The projects of the company are the bruner gold development project in Nevada and silverton gold project which is also located in Nevada.

Canamex Resources (XTER:CX6) Headlines

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