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First Nordic Metals (First Nordic Metals) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 07, 2024)


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What is First Nordic Metals 5-Year Yield-on-Cost %?

First Nordic Metals's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



FNMCF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.155
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of First Nordic Metals's 5-Year Yield-on-Cost %

For the Other Precious Metals & Mining subindustry, First Nordic 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.


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

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

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



First Nordic 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 First Nordic Metals is calculated as

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

First Nordic Metals  (OTCPK:FNMCF) 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.


First Nordic Metals 5-Year Yield-on-Cost % Related Terms

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First Nordic Metals (First Nordic Metals) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 1130, Vancouver, BC, CAN, V6E 2E9
Barsele Minerals Corp is a Canada-based mineral exploration company. It is involved in the acquisition and exploration of mineral properties in Sweden. The project is a joint venture with Agnico Eagle Mines where the firm holds a substantial part of the company's ownership. The company's reportable operating segment is the acquisition and exploration of mineral properties.