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Alturas Minerals (LIM:ALT) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 02, 2024)


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

Alturas Minerals's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



LIM:ALT's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.14
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Other Industrial Metals & Mining subindustry, Alturas 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.


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

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

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



Alturas 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 Alturas Minerals is calculated as

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

Alturas Minerals  (LIM:ALT) 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.


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

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Alturas Minerals (LIM:ALT) Business Description

Traded in Other Exchanges
Address
372 Bay Street, Suite 301, Toronto, ON, CAN, M5H 2W9
Alturas Minerals Corp, along with its subsidiaries, is engaged in the exploration of mineral projects in Peru and Chile. Its exploration strategy is focused on the discovery of copper-gold porphyry/skarn deposits and large epithermal gold mineralized deposits. Its projects include Copperlode and Resguardo.