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Ridgeline Minerals (Ridgeline Minerals) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 27, 2024)


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

Ridgeline Minerals's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


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



RDGMF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.23
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Ridgeline Minerals's 5-Year Yield-on-Cost %

For the Gold subindustry, Ridgeline 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.


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

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

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



Ridgeline 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 Ridgeline Minerals is calculated as

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

Ridgeline Minerals  (OTCPK:RDGMF) 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.


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

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Ridgeline Minerals (Ridgeline Minerals) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1650, Vancouver, BC, CAN, V6E 3X1
Ridgeline Minerals Corp is a discovery-focused gold-silver explorer with a proven management team and an approximately 154 km exploration portfolio across four projects in the highly prospective Carlin and Battle Mountain - Eureka Trends in Nevada.