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Newlox Gold Ventures (XCNQ:LUX) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 04, 2024)


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What is Newlox Gold Ventures 5-Year Yield-on-Cost %?

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


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



XCNQ:LUX's 5-Year Yield-on-Cost % is not ranked *
in the Waste Management industry.
Industry Median: 2.77
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Newlox Gold Ventures's 5-Year Yield-on-Cost %

For the Waste Management subindustry, Newlox Gold Ventures'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.


Newlox Gold Ventures's 5-Year Yield-on-Cost % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Newlox Gold Ventures's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Newlox Gold Ventures 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 Newlox Gold Ventures is calculated as

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

Newlox Gold Ventures  (XCNQ:LUX) 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.


Newlox Gold Ventures 5-Year Yield-on-Cost % Related Terms

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Newlox Gold Ventures (XCNQ:LUX) Business Description

Traded in Other Exchanges
Address
355 Burrard Street, 10th Floor, Vancouver, BC, CAN, V6C 2G8
Newlox Gold Ventures Corp is a Canada based environmental reclamation and mineral recovery company and is in the business of undertaking projects for the purpose of operating tailings remediation and fold recovery in Costa Rica.

Newlox Gold Ventures (XCNQ:LUX) Headlines