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Africa Oil (Africa Oil) 5-Year Yield-on-Cost % : 2.81 (As of May. 06, 2024)


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What is Africa Oil 5-Year Yield-on-Cost %?

Africa Oil's yield on cost for the quarter that ended in Dec. 2023 was 2.81.


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

AOIFF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.47
Current: 2.81


During the past 13 years, Africa Oil's highest Yield on Cost was 3.47. The lowest was 0.00. And the median was 0.00.


AOIFF's 5-Year Yield-on-Cost % is ranked worse than
70.24% of 494 companies
in the Oil & Gas industry
Industry Median: 4.825 vs AOIFF: 2.81

Competitive Comparison of Africa Oil's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Africa Oil'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.


Africa Oil's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Africa Oil's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Africa Oil 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 Africa Oil is calculated as

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

Africa Oil  (OTCPK:AOIFF) 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.


Africa Oil 5-Year Yield-on-Cost % Related Terms

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Africa Oil (Africa Oil) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
Africa Oil Corp is an international oil and gas exploration company. It is an exploration stage enterprise that participates in oil and gas projects located in emerging markets, in sub-Saharan Africa. The company operates in the business segment of international oil and gas exploration, and geographically, it operates in Kenya and Ethiopia.

Africa Oil (Africa Oil) Headlines

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