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Orion Minerals (ASX:ORN) 5-Year Yield-on-Cost % : 0.00 (As of May. 17, 2024)


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What is Orion Minerals 5-Year Yield-on-Cost %?

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


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



ASX:ORN's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.03
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Other Industrial Metals & Mining subindustry, Orion Minerals'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.


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

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

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



Orion Minerals 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 Orion Minerals is calculated as

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

Orion Minerals  (ASX:ORN) 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.


Orion Minerals 5-Year Yield-on-Cost % Related Terms

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Orion Minerals (ASX:ORN) Business Description

Traded in Other Exchanges
Address
55 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Orion Minerals Ltd is a mineral exploration and development company focussing on zinc, copper, nickel, gold, and platinum-group elements in South Africa and Australia. The company projects In South Africa include Areachap, Prieska Copper, Marydale, Masiqhame, and Jacomynspan Project.