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GGL Resources (TSXV:GGL) 5-Year Yield-on-Cost % : 0.00 (As of May. 24, 2024)


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

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


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



TSXV:GGL's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.965
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of GGL Resources's 5-Year Yield-on-Cost %

For the Other Precious Metals & Mining subindustry, GGL 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.


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

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

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



GGL 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 GGL Resources is calculated as

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

GGL Resources  (TSXV:GGL) 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.


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

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


GGL Resources (TSXV:GGL) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 510, Vancouver, BC, CAN, V6E 4A6
GGL Resources Corp is a resource exploration company engaged in the exploration and development of mineral properties. Its mineral property interests consist of exploration-stage mineral properties located in the Northwest Territories, Nunavut, and British Columbia in Canada and in Nevada, USA. The company holds an interest in the properties of Bishop, Gold Point, CH, Rhombus, Stein, Providence Greenstone Belt, and McConnell Creek, among others.
Executives
David Kelsch Director, Senior Officer

GGL Resources (TSXV:GGL) Headlines

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