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Barrick Gold (XBUL:ABR) 5-Year Yield-on-Cost % : 18.04 (As of Dec. 14, 2024)


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What is Barrick Gold 5-Year Yield-on-Cost %?

Barrick Gold's yield on cost for the quarter that ended in Sep. 2024 was 18.04.


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

XBUL:ABR' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.46   Med: 5.63   Max: 16.21
Current: 18.04


During the past 13 years, Barrick Gold's highest Yield on Cost was 16.21. The lowest was 1.46. And the median was 5.63.


XBUL:ABR's 5-Year Yield-on-Cost % is ranked better than
83.71% of 307 companies
in the Metals & Mining industry
Industry Median: 2.91 vs XBUL:ABR: 18.04

Competitive Comparison of Barrick Gold's 5-Year Yield-on-Cost %

For the Gold subindustry, Barrick Gold'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.


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

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

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



Barrick Gold 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 Barrick Gold is calculated as

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

Barrick Gold  (XBUL:ABR) 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.


Barrick Gold 5-Year Yield-on-Cost % Related Terms

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Barrick Gold Business Description

Address
161 Bay Street, Brookfield Place, Suite 3700, P.O. Box 212, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At year-end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.