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Vertex Minerals (ASX:VTX) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 21, 2024)


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

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


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



ASX:VTX's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.195
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, Vertex 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.


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

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

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



Vertex 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 Vertex Minerals is calculated as

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

Vertex Minerals  (ASX:VTX) 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.


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

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Vertex Minerals (ASX:VTX) Business Description

Traded in Other Exchanges
N/A
Address
460 Stirling Highway, Unit 38, Peppermint Grove, WA, AUS, 6011
Vertex Minerals Ltd is a mineral exploration and development company. It explores for gold. The Company is organised into one operating segment, being mining and exploration operations. The principal products and services of this operating segment are the mining and exploration operations predominately in Australia.

Vertex Minerals (ASX:VTX) Headlines

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