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Iluka Resources (Iluka Resources) 5-Year Yield-on-Cost % : 0.94 (As of Apr. 29, 2024)


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

Iluka Resources's yield on cost for the quarter that ended in Dec. 2023 was 0.94.


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

ILKAY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.81   Med: 3.56   Max: 19.14
Current: 0.94


During the past 13 years, Iluka Resources's highest Yield on Cost was 19.14. The lowest was 0.81. And the median was 3.56.


ILKAY's 5-Year Yield-on-Cost % is ranked worse than
82.74% of 307 companies
in the Metals & Mining industry
Industry Median: 3.23 vs ILKAY: 0.94

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

For the Other Industrial Metals & Mining subindustry, Iluka 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.


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

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

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



Iluka 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 Iluka Resources is calculated as

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

Iluka Resources  (OTCPK:ILKAY) 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.


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

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Iluka Resources (Iluka Resources) Business Description

Traded in Other Exchanges
Address
240 St Georges Terrace, Level 17, Perth, WA, AUS, 6000
Iluka Resources is a leading global mineral sands miner. It is the largest global producer of zircon, and one of the largest producers of titanium dioxide feedstocks (rutile, synthetic rutile). Low zircon costs are underpinned by the high-grade Jacinth-Ambrosia mine in South Australia but reserve life is less than 10 years. A 20% shareholding in Deterra Royalties brings exposure to the high-quality Mining Area C iron ore royalty. Iluka is constructing its West Balranald rutile and zircon mine while also building a rare-earth refinery at Eneabba, which will be able to process Iluka's existing monazite stockpile as well as feed from third parties and future Iluka projects.

Iluka Resources (Iluka Resources) Headlines