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Nex Metals Exploration (ASX:NME) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 02, 2025)


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What is Nex Metals Exploration 5-Year Yield-on-Cost %?

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


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



ASX:NME's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.84
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, Nex Metals 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.


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

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

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


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Nex Metals 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 Nex Metals Exploration is calculated as

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

Nex Metals Exploration  (ASX:NME) 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.


Nex Metals Exploration 5-Year Yield-on-Cost % Related Terms

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Nex Metals Exploration Business Description

Traded in Other Exchanges
N/A
Address
45 Guthrie Street, Osborne Park, Perth, WA, AUS, 6017
Nex Metals Exploration Ltd engages in the exploration and mining of mineral properties in Western Australia. It explores for gold, copper, and nickel. The company holds an interest in the Kookynie Gold Project, Yundamindra Gold Project, and Kookynie Tailings Research Project. The company generates majority of the revenue from Australia.

Nex Metals Exploration Headlines

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