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Abcourt Mines (TSXV:ABI) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 02, 2024)


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What is Abcourt Mines 5-Year Yield-on-Cost %?

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


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



TSXV:ABI's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.14
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Abcourt Mines's 5-Year Yield-on-Cost %

For the Gold subindustry, Abcourt Mines'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.


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

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

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



Abcourt Mines 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 Abcourt Mines is calculated as

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

Abcourt Mines  (TSXV:ABI) 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.


Abcourt Mines 5-Year Yield-on-Cost % Related Terms

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


Abcourt Mines (TSXV:ABI) Business Description

Traded in Other Exchanges
Address
475 de l’Eglise Avenue, Rouyn-Noranda, QC, CAN, J0Z 1Y1
Abcourt Mines Inc is a gold producer and Canadian exploration company. It is engaged in the acquisition, exploration, evaluation, and exploitation of mining properties. The company's operating segment include Mining site in production; Prospection and development and Corporate. It generates maximum revenue from the Mining site in production segment.
Executives
Normand Hinse Director

Abcourt Mines (TSXV:ABI) Headlines

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