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Imagine Lithium (Imagine Lithium) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 28, 2024)


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What is Imagine Lithium 5-Year Yield-on-Cost %?

Imagine Lithium's yield on cost for the quarter that ended in Oct. 2023 was 0.00.


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



ARXRF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.23
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Imagine Lithium's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Imagine Lithium'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.


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

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

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



Imagine Lithium 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 Imagine Lithium is calculated as

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

Imagine Lithium  (OTCPK:ARXRF) 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.


Imagine Lithium 5-Year Yield-on-Cost % Related Terms

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Imagine Lithium (Imagine Lithium) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
Imagine Lithium Inc is a junior mining exploration company focused on seeking and acquiring mineral projects. The company holds the Jackpot lithium property located near Nipigon, Ontario.