Metarock Group (ASX:MYE) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 06, 2024)

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What is Metarock Group 5-Year Yield-on-Cost %?

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

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

During the past 13 years, Metarock Group's highest Yield on Cost was 27.06. The lowest was 0.00. And the median was 10.21.

ASX:MYE's 5-Year Yield-on-Cost % is not ranked ^*
in the Other Energy Sources industry.
Industry Median: 8.255
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Thermal Coal subindustry, Metarock Group'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.

Metarock Group's 5-Year Yield-on-Cost % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Metarock Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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

Metarock Group 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 Metarock Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Metarock Group (ASX:MYE) 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.

Metarock Group 5-Year Yield-on-Cost % Related Terms

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Metarock Group (ASX:MYE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Metarock Group Ltd (ASX:MYE) » Definitions » 5-Year Yield-on-Cost %

Traded in Other Exchanges

024:Germany

Address

45 River Street, P.O. Box 1671, Level 1, Riverside Plaza, Mackay, QLD, AUS, 4740

Website

https://www.mastermyne.com.au

Metarock Group Ltd provides contracting services to underground longwall mining operations and industrial products and services in the coalfields and supporting industries of Queensland and New South Wales. It provides a full range of services and equipment to the coal mining industry that includes: Roadway development; Conveyors; Longwall relocations and others. The company's segment includes Mastermyne and PYBAR. It generates maximum revenue from the Mastermyne segment.