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Newmont (BSP:N1EM34) 5-Year Yield-on-Cost %

: 12.68 (As of Today)
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Newmont's yield on cost for the quarter that ended in Dec. 2023 was 12.68.


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

BSP:N1EM34' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.93   Med: 6.53   Max: 25.74
Current: 12.68


During the past 13 years, Newmont's highest Yield on Cost was 25.74. The lowest was 0.93. And the median was 6.53.


BSP:N1EM34's 5-Year Yield-on-Cost % is ranked better than
90.23% of 307 companies
in the Metals & Mining industry
Industry Median: 3.13 vs BSP:N1EM34: 12.68

Competitive Comparison

For the Gold subindustry, Newmont'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.


Newmont 5-Year Yield-on-Cost % Distribution

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

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



Newmont 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 Newmont is calculated as

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

Newmont  (BSP:N1EM34) 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.


Newmont 5-Year Yield-on-Cost % Related Terms

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Newmont (BSP:N1EM34) Business Description

Address
6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.

Newmont (BSP:N1EM34) Headlines

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