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Zimplats Holdings (ASX:ZIM) 5-Year Yield-on-Cost % : 8.42 (As of May. 01, 2024)


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What is Zimplats Holdings 5-Year Yield-on-Cost %?

Zimplats Holdings's yield on cost for the quarter that ended in Dec. 2023 was 8.42.


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

ASX:ZIM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.33   Med: 6.61   Max: 18.76
Current: 8.42


During the past 13 years, Zimplats Holdings's highest Yield on Cost was 18.76. The lowest was 2.33. And the median was 6.61.


ASX:ZIM's 5-Year Yield-on-Cost % is ranked better than
78.5% of 307 companies
in the Metals & Mining industry
Industry Median: 3.26 vs ASX:ZIM: 8.42

Competitive Comparison of Zimplats Holdings's 5-Year Yield-on-Cost %

For the Other Precious Metals & Mining subindustry, Zimplats Holdings'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.


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

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

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



Zimplats Holdings 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 Zimplats Holdings is calculated as

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

Zimplats Holdings  (ASX:ZIM) 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.


Zimplats Holdings 5-Year Yield-on-Cost % Related Terms

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Zimplats Holdings (ASX:ZIM) Business Description

Traded in Other Exchanges
Address
1st and 2nd Floors, Elizabeth House, Les Ruettes Brayes, Saint Peter Port, GGY, GY1 1EW
Zimplats Holdings Ltd is engaged in the production of the platinum group and associated metals such as platinum, palladium, rhodium, iridium, ruthenium, osmium, and other associated metals (nickel, gold, copper, cobalt, and silver) from the Great Dyke in Zimbabwe. The Group operates as a vertically integrated mining concern and is managed as a single segment. The Group's operations are based in one geographical location, Zimbabwe.