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TAG Oil (TAG Oil) 5-Year Yield-on-Cost % : 0.00 (As of May. 21, 2024)


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

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


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



TAOIF's 5-Year Yield-on-Cost % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.79
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Oil & Gas E&P subindustry, TAG 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.


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

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

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



TAG 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 TAG Oil is calculated as

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

TAG Oil  (OTCPK:TAOIF) 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.


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

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


TAG Oil (TAG Oil) Business Description

Industry
Traded in Other Exchanges
Address
1710 - 1050 West Pender Street, Suite 2040, Vancouver, BC, CAN, V6E 3S7
TAG Oil Ltd is a Canada-based oil and gas exploration, development, and production company. It operates through three geographical segments namely Canada, New Zealand, and Australia. Geographically, the firm generates a majority of its revenue from New Zealand.

TAG Oil (TAG Oil) Headlines

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