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Kingston Resources (ASX:KSN) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 25, 2024)


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

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


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



ASX:KSN's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.14
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, Kingston 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.


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

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

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



Kingston 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 Kingston Resources is calculated as

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

Kingston Resources  (ASX:KSN) 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.


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

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Kingston Resources (ASX:KSN) Business Description

Traded in Other Exchanges
Address
201 Miller Street, Suite 202, North Sydney, NSW, AUS, 2060
Kingston Resources Ltd is an Australian-based mineral exploration company that engages in acquiring and exploring gold projects. It operates in two business segment which is the Exploration and Evaluation of Minerals in Australia and mining. Its projects are Misima Gold Project, Mineral Hill Mine and Livingstone Gold Project. Geographically it derives the majority of its revenue from Australia.

Kingston Resources (ASX:KSN) Headlines

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