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Volcanic Gold Mines (Volcanic Gold Mines) 5-Year Yield-on-Cost % : 0.00 (As of May. 24, 2024)


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What is Volcanic Gold Mines 5-Year Yield-on-Cost %?

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


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



VLMZF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.025
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, Volcanic Gold 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.


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

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

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



Volcanic Gold 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 Volcanic Gold Mines is calculated as

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

Volcanic Gold Mines  (OTCPK:VLMZF) 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.


Volcanic Gold Mines 5-Year Yield-on-Cost % Related Terms

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Volcanic Gold Mines (Volcanic Gold Mines) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6
Volcanic Gold Mines Inc is a Canadian company that is principally engaged in the acquisition and exploration of resource properties. It holds an interest in the Holly and Banderas property located in Guatemala. The company operates through a single segment being the Acquisition, exploration, and evaluation of resource properties.

Volcanic Gold Mines (Volcanic Gold Mines) Headlines

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