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Source Rock Royalties (TSXV:SRR) 5-Year Yield-on-Cost % : 7.95 (As of May. 11, 2024)


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What is Source Rock Royalties 5-Year Yield-on-Cost %?

Source Rock Royalties's yield on cost for the quarter that ended in Dec. 2023 was 7.95.


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

TSXV:SRR' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.65   Med: 7.56   Max: 9.24
Current: 7.95


During the past 4 years, Source Rock Royalties's highest Yield on Cost was 9.24. The lowest was 1.65. And the median was 7.56.


TSXV:SRR's 5-Year Yield-on-Cost % is ranked better than
68.89% of 495 companies
in the Oil & Gas industry
Industry Median: 4.77 vs TSXV:SRR: 7.95

Competitive Comparison of Source Rock Royalties's 5-Year Yield-on-Cost %

For the Oil & Gas Midstream subindustry, Source Rock Royalties'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.


Source Rock Royalties's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Source Rock Royalties's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Source Rock Royalties's 5-Year Yield-on-Cost % falls into.



Source Rock Royalties 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 Source Rock Royalties is calculated as

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

Source Rock Royalties  (TSXV:SRR) 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.


Source Rock Royalties 5-Year Yield-on-Cost % Related Terms

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Source Rock Royalties (TSXV:SRR) Business Description

Traded in Other Exchanges
Address
421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is a pure-play oil and gas royalty company with an existing, light oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, east-central Alberta, west-central Alberta, and west-central Saskatchewan.
Executives
Bradley Robert Docherty Director, Senior Officer
Shaun Ashton Thiessen Director

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