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American Lithium (TSXV:LI) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 05, 2024)


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What is American Lithium 5-Year Yield-on-Cost %?

American Lithium's yield on cost for the quarter that ended in Feb. 2024 was 0.00.


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



TSXV:LI's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.105
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of American Lithium's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, American Lithium'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.


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

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

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



American Lithium 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 American Lithium is calculated as

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

American Lithium  (TSXV:LI) 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.


American Lithium 5-Year Yield-on-Cost % Related Terms

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American Lithium (TSXV:LI) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3
American Lithium Corp is an exploration-stage company. It is engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas. Its current focus is on developing its strategically located TLC lithium claystone project in the richly mineralized Esmeralda lithium district in Nevada, enabling the shift to a new energy paradigm. In addition, Falchani lithium and Macusani uranium development-stage projects are being advanced in southeastern Peru.
Executives
Graham Elliot Ballachey Senior Officer