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New Age Exploration (ASX:NAE) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 13, 2024)


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What is New Age Exploration 5-Year Yield-on-Cost %?

New Age Exploration's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



ASX:NAE's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.89
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of New Age Exploration's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, New Age Exploration'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.


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

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

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



New Age Exploration 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 New Age Exploration is calculated as

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

New Age Exploration  (ASX:NAE) 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.


New Age Exploration 5-Year Yield-on-Cost % Related Terms

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New Age Exploration Business Description

Traded in Other Exchanges
N/A
Address
480 Collins Street, Level 2, Melbourne, VIC, AUS, 3000
New Age Exploration Ltd is a mineral exploration company. The company's projects include the Lochinvar Coking Coal Project in the UK. Lochinvar is well-located to supply European mills with access to rail and ports. The company also has an interest in the Otago Pioneer Quartz Gold Exploration Project; Pilbara Gold Project, Western Australia; and Marlborough Permit Project, New Zealand. Geographically, the group has a business presence in the United Kingdom and New Zealand.

New Age Exploration Headlines

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