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Mineral Resources (Mineral Resources) 5-Year Yield-on-Cost % : 5.80 (As of May. 25, 2024)


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What is Mineral Resources 5-Year Yield-on-Cost %?

Mineral Resources's yield on cost for the quarter that ended in Dec. 2023 was 5.80.


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

MALRF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.44   Med: 17.56   Max: 56.31
Current: 5.8


During the past 13 years, Mineral Resources's highest Yield on Cost was 56.31. The lowest was 5.44. And the median was 17.56.


MALRF's 5-Year Yield-on-Cost % is ranked better than
72.96% of 307 companies
in the Metals & Mining industry
Industry Median: 3.09 vs MALRF: 5.80

Competitive Comparison of Mineral Resources's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Mineral Resources'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.


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

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

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



Mineral Resources 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 Mineral Resources is calculated as

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

Mineral Resources  (OTCPK:MALRF) 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.


Mineral Resources 5-Year Yield-on-Cost % Related Terms

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Mineral Resources (Mineral Resources) Business Description

Traded in Other Exchanges
Address
20 Walters Drive, Osborne Park, Applecross, Western Australia, WA, AUS, 6017
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.

Mineral Resources (Mineral Resources) Headlines

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