GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NOA Lithium Brines Inc (TSXV:NOAL) » Definitions » 5-Year Yield-on-Cost %

NOA Lithium Brines (TSXV:NOAL) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 02, 2024)


View and export this data going back to 2023. Start your Free Trial

What is NOA Lithium Brines 5-Year Yield-on-Cost %?

NOA Lithium Brines's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



TSXV:NOAL'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 NOA Lithium Brines's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, NOA Lithium Brines'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.


NOA Lithium Brines's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where NOA Lithium Brines's 5-Year Yield-on-Cost % falls into.



NOA Lithium Brines 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 NOA Lithium Brines is calculated as

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

NOA Lithium Brines  (TSXV:NOAL) 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.


NOA Lithium Brines 5-Year Yield-on-Cost % Related Terms

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


NOA Lithium Brines (TSXV:NOAL) Business Description

Traded in Other Exchanges
Address
639 – 5th Avenue S.W, Suite 1250, Calgary, AB, CAN, T2P 0M9
NOA Lithium Brines Inc is a lithium exploration and development company formed to acquire assets with resource potential. The company's projects are in the heart of the prolific Lithium Triangle, in the mining-friendly province of Salta, Argentina, near a multitude of projects and operations, managed by some of the players in the lithium industry.

NOA Lithium Brines (TSXV:NOAL) Headlines

No Headlines