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Mindax (ASX:MDX) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 12, 2025)


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What is Mindax 5-Year Yield-on-Cost %?

Mindax's yield on cost for the quarter that ended in Dec. 2024 was 0.00.


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



ASX:MDX's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.21
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, Mindax'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.


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

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

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


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Mindax 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 Mindax is calculated as

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

Mindax  (ASX:MDX) 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.


Mindax 5-Year Yield-on-Cost % Related Terms

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Mindax Business Description

Traded in Other Exchanges
N/A
Address
17 Ord Street, Suite 3, Level 1, West Perth, Perth, WA, AUS, 6005
Mindax Ltd is an Australia-based company engaged in gold and iron ore exploration and production company. It is focused on deposits characterized by higher grades of gold mineralization. The projects of the company include Mt Forrest Project, Meekatharra North and Other Projects. Its segments are Gold (comprising the Meekatharra Project); and Iron Ore (comprising the Mt Forrest Project).

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