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Highrock Resources (XCNQ:HRK) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 09, 2024)


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

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


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



XCNQ:HRK's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.16
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, Highrock 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.


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

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

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



Highrock 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 Highrock Resources is calculated as

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

Highrock Resources  (XCNQ:HRK) 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.


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

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Highrock Resources (XCNQ:HRK) Business Description

Traded in Other Exchanges
N/A
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Website
Highrock Resources Ltd engages in the exploration and development of mineral properties in British Columbia with a primary focus on gold exploration in British Columbia. It holds an interest in Pathfinder Property.
Executives
Anthony Ralph Roodenburg Director, Senior Officer

Highrock Resources (XCNQ:HRK) Headlines

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