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Mexco Energy (FRA:MZB) 5-Year Yield-on-Cost % : 0.85 (As of May. 22, 2024)


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What is Mexco Energy 5-Year Yield-on-Cost %?

Mexco Energy's yield on cost for the quarter that ended in Dec. 2023 was 0.85.


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

FRA:MZB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.85
Current: 0.85


During the past 13 years, Mexco Energy's highest Yield on Cost was 0.85. The lowest was 0.00. And the median was 0.00.


FRA:MZB's 5-Year Yield-on-Cost % is not ranked
in the Oil & Gas industry.
Industry Median: 4.79 vs FRA:MZB: 0.85

Competitive Comparison of Mexco Energy's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Mexco Energy'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.


Mexco Energy's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mexco Energy's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Mexco Energy 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 Mexco Energy is calculated as

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

Mexco Energy  (FRA:MZB) 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.


Mexco Energy 5-Year Yield-on-Cost % Related Terms

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Mexco Energy (FRA:MZB) Business Description

Traded in Other Exchanges
Address
415 W. Wall Street, Suite 475, Midland, TX, USA, 79701
Mexco Energy Corporation is an independent oil and gas company. It is engaged in the exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.

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