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Northern Minerals and Exploration (Northern Minerals and Exploration) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 08, 2024)


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What is Northern Minerals and Exploration 5-Year Yield-on-Cost %?

Northern Minerals and Exploration's yield on cost for the quarter that ended in Jan. 2024 was 0.00.


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



NMEX's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.16
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Northern Minerals and Exploration's 5-Year Yield-on-Cost %

For the Other Precious Metals & Mining subindustry, Northern Minerals and 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.


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

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

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



Northern Minerals and 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 Northern Minerals and Exploration is calculated as

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

Northern Minerals and Exploration  (OTCPK:NMEX) 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.


Northern Minerals and Exploration 5-Year Yield-on-Cost % Related Terms

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Northern Minerals and Exploration (Northern Minerals and Exploration) Business Description

Traded in Other Exchanges
N/A
Address
881 West State Road, Pleasant Grove, UT, USA, 84062
Northern Minerals and Exploration Ltd is an emerging natural resource company operating in oil and gas production in central Texas and exploration for gold and silver in northern Nevada.