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Empire Resources (ASX:ERL) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 13, 2024)


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

Empire Resources's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



ASX:ERL's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.17
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Other Precious Metals & Mining subindustry, Empire 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.


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

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

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



Empire 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 Empire Resources is calculated as

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

Empire Resources  (ASX:ERL) 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.


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

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Empire Resources (ASX:ERL) Business Description

Traded in Other Exchanges
N/A
Address
159 Stirling Highway, Nedlands, WA, AUS, 6009
Empire Resources Ltd is an exploration and mining company. The company focuses on the development of gold and copper deposits in Australia. The projects of the company include Penny's gold project, Yuinmery copper-gold project, Barloweerie Project, the Nanadie Copper-Gold Project, and Others. The company operates in Western Australia.

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