GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas Corp (NYSE:LAC) » Definitions » 5-Year Yield-on-Cost %

Lithium Americas (Lithium Americas) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 30, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Lithium Americas 5-Year Yield-on-Cost %?

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


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



LAC's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.17
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Lithium Americas's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Lithium Americas'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.


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

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

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



Lithium Americas 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 Lithium Americas is calculated as

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

Lithium Americas  (NYSE:LAC) 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.


Lithium Americas 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Lithium Americas's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lithium Americas (Lithium Americas) Business Description

Traded in Other Exchanges
Address
900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5
Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid-2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.

Lithium Americas (Lithium Americas) Headlines