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Sixty North Gold Mining (XCNQ:SXTY) 5-Year Yield-on-Cost % : 0.00 (As of May. 18, 2024)


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What is Sixty North Gold Mining 5-Year Yield-on-Cost %?

Sixty North Gold Mining's yield on cost for the quarter that ended in Jan. 2024 was 0.00.


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



XCNQ:SXTY's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.075
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Sixty North Gold Mining's 5-Year Yield-on-Cost %

For the Gold subindustry, Sixty North Gold Mining'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.


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

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

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



Sixty North Gold Mining 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 Sixty North Gold Mining is calculated as

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

Sixty North Gold Mining  (XCNQ:SXTY) 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.


Sixty North Gold Mining 5-Year Yield-on-Cost % Related Terms

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Sixty North Gold Mining (XCNQ:SXTY) Business Description

Traded in Other Exchanges
Address
1909 - 108 West Cordova Street, Vancouver, BC, CAN, V6B 0G5
Sixty North Gold Mining Ltd is engaged in the acquisition and exploration of mineral property assets. The company entered into a mineral property earn-in agreement with New Discovery Mines. The projects of the company include Mon Gold Property and Hangstone Property.
Executives
Norman John Campbell Director, Senior Officer

Sixty North Gold Mining (XCNQ:SXTY) Headlines

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