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Latin Resources (ASX:LRS) 5-Year Yield-on-Cost % : 0.00 (As of May. 21, 2024)


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

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


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



ASX:LRS's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.99
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Other Industrial Metals & Mining subindustry, Latin 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.


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

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

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



Latin 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 Latin Resources is calculated as

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

Latin Resources  (ASX:LRS) 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.


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

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Latin Resources (ASX:LRS) Business Description

Traded in Other Exchanges
Address
32 Harrogate Street, Unit 3, West Leederville, Perth, WA, AUS, 6007
Latin Resources Ltd is an Australian-based mineral exploration company, with projects in South America and Australia, that is developing mineral projects in commodities that progress global efforts towards Net Zero emissions. The Company is focused on its flagship Colina Lithium Project in the pro-mining district of Minas Gerais Brazil, and also holds the Catamarca Lithium Project in Argentina.

Latin Resources (ASX:LRS) Headlines

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