Ghana Oil Co (XGHA:GOIL) 5-Year Yield-on-Cost % : 3.73 (As of May. 23, 2024)

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What is Ghana Oil Co 5-Year Yield-on-Cost %?

Ghana Oil Co's yield on cost for the quarter that ended in Dec. 2022 was 3.73.

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

XGHA:GOIL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.48 Med: 2.47 Max: 3.73
Current: 3.73

During the past 13 years, Ghana Oil Co's highest Yield on Cost was 3.73. The lowest was 0.48. And the median was 2.47.

XGHA:GOIL's 5-Year Yield-on-Cost % is ranked worse than
59.92% of 499 companies
in the Oil & Gas industry
Industry Median: 4.77 vs XGHA:GOIL: 3.73

Competitive Comparison of Ghana Oil Co's 5-Year Yield-on-Cost %

For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co'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.

Ghana Oil Co's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Ghana Oil Co's 5-Year Yield-on-Cost % falls into.

Ghana Oil Co 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 Ghana Oil Co is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Ghana Oil Co (XGHA:GOIL) 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.

Ghana Oil Co 5-Year Yield-on-Cost % Related Terms

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Ghana Oil Co (XGHA:GOIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ghana Oil Co Ltd (XGHA:GOIL) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Junction of Kojo Thompson and Adjaben Roads, Building No. D 659/4, P.O. Box GP 3183, Adabraka, Accra, GHA

Website

https://www.goil.com.gh

Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum products and related products particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly and socially responsible manner.

Ghana Oil Co (XGHA:GOIL) Headlines

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