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Kumba Iron Ore (Kumba Iron Ore) 5-Year Yield-on-Cost % : 15.88 (As of May. 01, 2024)


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What is Kumba Iron Ore 5-Year Yield-on-Cost %?

Kumba Iron Ore's yield on cost for the quarter that ended in Dec. 2023 was 15.88.


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

KIROY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.4   Med: 14.54   Max: 167.95
Current: 15.88


During the past 13 years, Kumba Iron Ore's highest Yield on Cost was 167.95. The lowest was 6.40. And the median was 14.54.


KIROY's 5-Year Yield-on-Cost % is ranked better than
90.76% of 357 companies
in the Steel industry
Industry Median: 3.42 vs KIROY: 15.88

Competitive Comparison of Kumba Iron Ore's 5-Year Yield-on-Cost %

For the Steel subindustry, Kumba Iron Ore'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.


Kumba Iron Ore's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kumba Iron Ore's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Kumba Iron Ore's 5-Year Yield-on-Cost % falls into.



Kumba Iron Ore 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 Kumba Iron Ore is calculated as

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

Kumba Iron Ore  (OTCPK:KIROY) 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.


Kumba Iron Ore 5-Year Yield-on-Cost % Related Terms

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Kumba Iron Ore (Kumba Iron Ore) Business Description

Traded in Other Exchanges
Address
144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine.

Kumba Iron Ore (Kumba Iron Ore) Headlines

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