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Korab Resources (ASX:KOR) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 20, 2024)


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

Korab Resources's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



ASX:KOR's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.18
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Other Industrial Metals & Mining subindustry, Korab 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.


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

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

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



Korab 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 Korab Resources is calculated as

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

Korab Resources  (ASX:KOR) 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.


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

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Korab Resources (ASX:KOR) Business Description

Traded in Other Exchanges
N/A
Address
20 Prowse Street, Suite 1, West Perth, Perth, WA, AUS, 6005
Korab Resources Ltd is a mining and exploration company. It is engaged in mineral exploration and the evaluation of mineral properties. It operates development projects in Australia and exploration projects in Northern Territory. The company projects include the Bobrikovo project located in Ukraine, the Winchester magnesium and the Geolsec Phosphate projects, the Sundance project, the Batchelor and the Green Alligator projects located in Northern Territory, and the Mt. Elephant project situated in Western Australia.