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Morien Resources (TSXV:MOX) 5-Year Yield-on-Cost % : 0.98 (As of Sep. 26, 2024)


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

Morien Resources's yield on cost for the quarter that ended in Jun. 2024 was 0.98.


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

TSXV:MOX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.5   Med: 2.2   Max: 9.23
Current: 0.98


During the past 13 years, Morien Resources's highest Yield on Cost was 9.23. The lowest was 0.50. And the median was 2.20.


TSXV:MOX's 5-Year Yield-on-Cost % is ranked worse than
90% of 80 companies
in the Other Energy Sources industry
Industry Median: 8.025 vs TSXV:MOX: 0.98

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

For the Thermal Coal subindustry, Morien 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.


Morien Resources's 5-Year Yield-on-Cost % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Morien Resources's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Morien 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 Morien Resources is calculated as

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

Morien Resources  (TSXV:MOX) 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.


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

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Morien Resources Business Description

Traded in Other Exchanges
Address
1701 Hollis Street, Suite 800, Halifax, NS, CAN, B3J 3M8
Morien Resources Corp is engaged in the business of identification and purchase of mineral projects. It operates as a mining development company that holds royalty interests in two tidewater accessed projects, namely the Donkin Coal Mine and the Black Point Aggregate Project. The company derives revenue in the form of royalty interests.
Executives
Mary C. Ritchie Director

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