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

Maronan Metals (ASX:MMA) 5-Year Yield-on-Cost % : 0.00 (As of May. 28, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Maronan Metals 5-Year Yield-on-Cost %?

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


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



ASX:MMA's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.1
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Other Precious Metals & Mining subindustry, Maronan Metals'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.


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

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

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



Maronan Metals 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 Maronan Metals is calculated as

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

Maronan Metals  (ASX:MMA) 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.


Maronan Metals 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Maronan Metals's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Maronan Metals (ASX:MMA) Business Description

Traded in Other Exchanges
N/A
Address
15 Griffith Street, Cloncurry, QLD, AUS, 4824
Maronan Metals Ltd is engaged in identifying and securing prospective mineral tenements and undertaking exploration for and development of mineral resources. It owns the Maronan lead-silver and copper-gold Project. The project is located in Queensland, Australia.

Maronan Metals (ASX:MMA) Headlines