Harmony Gold Mining Co (Harmony Gold Mining Co) 5-Year Yield-on-Cost % : 1.31 (As of Apr. 29, 2024)

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What is Harmony Gold Mining Co 5-Year Yield-on-Cost %?

Harmony Gold Mining Co's yield on cost for the quarter that ended in Dec. 2023 was 1.31.

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

HMY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.12 Med: 1.69 Max: 5.05
Current: 1.31

During the past 13 years, Harmony Gold Mining Co's highest Yield on Cost was 5.05. The lowest was 0.12. And the median was 1.69.

HMY's 5-Year Yield-on-Cost % is ranked worse than
75.24% of 307 companies
in the Metals & Mining industry
Industry Median: 3.23 vs HMY: 1.31

Competitive Comparison of Harmony Gold Mining Co's 5-Year Yield-on-Cost %

For the Gold subindustry, Harmony Gold Mining 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.

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

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

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

Harmony Gold Mining 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 Harmony Gold Mining Co is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Harmony Gold Mining Co (NYSE:HMY) 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.

Harmony Gold Mining Co 5-Year Yield-on-Cost % Related Terms

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Harmony Gold Mining Co (Harmony Gold Mining Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Harmony Gold Mining Co Ltd (NYSE:HMY) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

HAR:South Africa HGMCF:USA HAM1:Germany HAM:Germany HAM1:Germany HAM:Germany HMY:Argentina

Address

Corner Main Reef Road and Ward Avenue, Randfontein Office Park, Randfontein, ZAF, 1759

Website

https://www.harmony.co.za

Harmony Gold Mining Co Ltd is a gold mining and exploration company having operations in South Africa and Papua New Guinea (PNG). Its projects include Bambanani, Joel, Masimong, Phakisa, Target 1, Tshepong, Unisel, Doornkop, and Kusasalethu. The group's segments are Tshepong Operations, Bambanani, Joel, Doornkop, Moab Khotsong, Hidden Valley, Target 1, Kusasalethu, Masimong, Unisel, and all other surface operations.