GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gitennes Exploration Inc (OTCPK:GILXF) » Definitions » 5-Year Yield-on-Cost %

Gitennes Exploration (Gitennes Exploration) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 06, 2024)


View and export this data going back to . Start your Free Trial

What is Gitennes Exploration 5-Year Yield-on-Cost %?

Gitennes Exploration's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



GILXF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.135
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Gitennes Exploration's 5-Year Yield-on-Cost %

For the Gold subindustry, Gitennes Exploration'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.


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

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

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



Gitennes Exploration 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 Gitennes Exploration is calculated as

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

Gitennes Exploration  (OTCPK:GILXF) 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.


Gitennes Exploration 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Gitennes Exploration's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gitennes Exploration (Gitennes Exploration) Business Description

Traded in Other Exchanges
Address
325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7
Gitennes Exploration Inc is focused on exploring for gold and has three prospective exploration properties in the active Chapais-Chibougamau area of Quebec and two properties in the Gaspe Region of Quebec.

Gitennes Exploration (Gitennes Exploration) Headlines

No Headlines