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Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) 5-Year Yield-on-Cost %

: 30.05 (As of Today)
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Labrador Iron Ore Royalty's yield on cost for the quarter that ended in Dec. 2023 was 30.05.


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

LIFZF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.27   Med: 22.02   Max: 69.18
Current: 30.05


During the past 13 years, Labrador Iron Ore Royalty's highest Yield on Cost was 69.18. The lowest was 5.27. And the median was 22.02.


LIFZF's 5-Year Yield-on-Cost % is ranked better than
97.19% of 356 companies
in the Steel industry
Industry Median: 3.515 vs LIFZF: 30.05

Competitive Comparison

For the Steel subindustry, Labrador Iron Ore Royalty'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.


Labrador Iron Ore Royalty 5-Year Yield-on-Cost % Distribution

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

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



Labrador Iron Ore Royalty 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 Labrador Iron Ore Royalty is calculated as

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

Labrador Iron Ore Royalty  (OTCPK:LIFZF) 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.


Labrador Iron Ore Royalty 5-Year Yield-on-Cost % Related Terms

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Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Business Description

Traded in Other Exchanges
Address
235 Water Street, P.O. Box 610, Suite 1000, Scotia Centre, St. John’s, NL, CAN, A1C 5L3
Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC's sales of iron ore. IOC is a Canadian producer of iron ore pellets and concentrate, serving customers worldwide.

Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Headlines

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