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Stinger Resources (Stinger Resources) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 08, 2024)


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What is Stinger Resources 5-Year Yield-on-Cost %?

Stinger Resources's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



STNRF'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 Stinger Resources's 5-Year Yield-on-Cost %

For the Other Precious Metals & Mining subindustry, Stinger Resources'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.


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

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

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



Stinger Resources 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 Stinger Resources is calculated as

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

Stinger Resources  (OTCPK:STNRF) 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.


Stinger Resources 5-Year Yield-on-Cost % Related Terms

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Stinger Resources (Stinger Resources) Business Description

Traded in Other Exchanges
Address
92-2nd Avenue West, PO Box 70, Cardston, AB, CAN, T0K 0K0
Stinger Resources Inc is engaged in the exploration and development of mineral properties in Canada. It holds interests in the properties of the Dunwell Mine, the Ample Goldmax, D1 McBride and the Gold Hill project, among others.

Stinger Resources (Stinger Resources) Headlines