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Equatorial Resources (ASX:EQX) 5-Year Yield-on-Cost % : 0.00 (As of May. 12, 2024)


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

Equatorial Resources's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



ASX:EQX's 5-Year Yield-on-Cost % is not ranked *
in the Steel industry.
Industry Median: 3.375
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Steel subindustry, Equatorial 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.


Equatorial Resources's 5-Year Yield-on-Cost % Distribution in the Steel Industry

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

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



Equatorial 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 Equatorial Resources is calculated as

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

Equatorial Resources  (ASX:EQX) 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.


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

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Equatorial Resources (ASX:EQX) Business Description

Traded in Other Exchanges
N/A
Address
28 The Esplanade, Level 9, BGC Centre, Perth, WA, AUS, 6000
Equatorial Resources Ltd is an iron ore exploration and development company. The company's iron ore projects are located in the Republic of Congo (ROC). The company focuses on advancing its existing mineral resource assets in Africa, as well as searching for new opportunities in the resources sector. It operates the Badondo Iron Project located in the northwest region of the Republic of Congo. Central & West Africa hosts a regional distribution of undeveloped world-class high-grade iron ore deposits. It is comprised of the same rock type and similar geological formation as the Carajas System in South America.