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Prospect Resources (ASX:PSC) 5-Year Yield-on-Cost % : 0.00 (As of Dec. 14, 2024)


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What is Prospect Resources 5-Year Yield-on-Cost %?

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


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


During the past 13 years, Prospect Resources's highest Yield on Cost was 215.19. The lowest was 0.00. And the median was 0.00.


ASX:PSC's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.91
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Prospect Resources's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Prospect Resources'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.


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

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

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



Prospect Resources 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 Prospect Resources is calculated as

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

Prospect Resources  (ASX:PSC) 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.


Prospect Resources 5-Year Yield-on-Cost % Related Terms

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Prospect Resources Business Description

Traded in Other Exchanges
Address
33 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005
Prospect Resources Ltd is a battery minerals exploration company based in Perth with operations in Australia, Singapore, Zimbabwe, Mauritius, Namibia, and Zambia. It explores lithium and gold deposits. The company projects include Arcadia Lithium Project, Good Days Lithium Project, Penhalonga Gold Project, and Gwanda East Project. Its geographical segment includes Australia and Africa. The company derives the majority of its revenue from Australia.

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