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New Century Resources (New Century Resources) 5-Year Yield-on-Cost % : 0.00 (As of May. 05, 2024)


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What is New Century Resources 5-Year Yield-on-Cost %?

New Century Resources's yield on cost for the quarter that ended in Dec. 2022 was 0.00.


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



NWNNF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.395
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Other Industrial Metals & Mining subindustry, New Century 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.


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

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

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



New Century 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 New Century Resources is calculated as

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

New Century Resources  (OTCPK:NWNNF) 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.


New Century Resources 5-Year Yield-on-Cost % Related Terms

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New Century Resources (New Century Resources) Business Description

Traded in Other Exchanges
N/A
Address
360 Collins Street, Level 4, Melbourne, VIC, AUS, 3000
New Century Resources Ltd is a mining company focused on producing metal from globally significant assets, acquired on attractive terms while rehabilitating legacy impacts on the environment. The company is a Zinc producer, operating Australia's hydraulic mining operation at the Century Mine in Queensland; extracting, processing and shipping Zinc reprocessed from historical tailings waste. It is actively progressing organic growth opportunities through in-situ projects at Century and exploring the potential to restart the Mt Lyell Copper Mine in Tasmania using renewable energy. In addition, the group is partnering with major mining companies to reprocess and rehabilitate tailings, to the benefit of the shareholders and the environment.

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