Legacy Iron Ore (ASX:LCY) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 15, 2024)

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What is Legacy Iron Ore 5-Year Yield-on-Cost %?

Legacy Iron Ore's yield on cost for the quarter that ended in Sep. 2024 was 0.00.

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

ASX:LCY's 5-Year Yield-on-Cost % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 2.91
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Legacy Iron Ore's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Legacy Iron Ore'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.

Legacy Iron Ore's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

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

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

Legacy Iron Ore 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 Legacy Iron Ore is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Legacy Iron Ore (ASX:LCY) 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.

Legacy Iron Ore 5-Year Yield-on-Cost % Related Terms

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Legacy Iron Ore Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Legacy Iron Ore Ltd (ASX:LCY) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Adelaide Terrace, Level 6, West Perth, Perth, WA, AUS, 6004

Website

http://www.legacyiron.com.au

Legacy Iron Ore Ltd is engaged in the exploration and development of mineral properties. It holds a diverse portfolio of assets spanning iron ore, gold, and base metals, Tungsten, Rare earth elements. Its projects include the Mt Bevan Project, South Laverton Gold Project, Mt. Celia Project, and many more. The Company operates with three reportable segments: iron ore exploration and development in Australia, gold exploration and development in Australia, and base metals and other critical minerals (OCM) exploration and development in Australia. Each segment focuses on the respective mineral's exploration and development within Australia's resource-rich landscape.