Wheaton Precious Metals (Wheaton Precious Metals) 5-Year Yield-on-Cost % : 2.18 (As of Apr. 26, 2024)

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What is Wheaton Precious Metals 5-Year Yield-on-Cost %?

Wheaton Precious Metals's yield on cost for the quarter that ended in Dec. 2023 was 2.18.

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

WPM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.27 Med: 2.54 Max: 4.29
Current: 2.18

During the past 13 years, Wheaton Precious Metals's highest Yield on Cost was 4.29. The lowest was 1.27. And the median was 2.54.

WPM's 5-Year Yield-on-Cost % is ranked worse than
61.56% of 307 companies
in the Metals & Mining industry
Industry Median: 3.23 vs WPM: 2.18

Competitive Comparison of Wheaton Precious Metals's 5-Year Yield-on-Cost %

For the Gold subindustry, Wheaton Precious Metals'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.

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

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

* The bar in red indicates where Wheaton Precious Metals's 5-Year Yield-on-Cost % falls into.

Wheaton Precious Metals 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 Wheaton Precious Metals is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Wheaton Precious Metals (NYSE:WPM) 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.

Wheaton Precious Metals 5-Year Yield-on-Cost % Related Terms

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Wheaton Precious Metals (Wheaton Precious Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wheaton Precious Metals Corp (NYSE:WPM) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

WPM:UK SII:Germany SII:Germany SII:Germany SII:Germany WPM:Canada

Address

1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3

Website

https://www.wheatonpm.com

Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.