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African Rainbow Minerals (JSE:ARI) 5-Year Yield-on-Cost % : 36.38 (As of May. 01, 2024)


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What is African Rainbow Minerals 5-Year Yield-on-Cost %?

African Rainbow Minerals's yield on cost for the quarter that ended in Dec. 2023 was 36.38.


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

JSE:ARI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.75   Med: 25.14   Max: 91.19
Current: 36.38


During the past 13 years, African Rainbow Minerals's highest Yield on Cost was 91.19. The lowest was 6.75. And the median was 25.14.


JSE:ARI's 5-Year Yield-on-Cost % is ranked better than
96.42% of 307 companies
in the Metals & Mining industry
Industry Median: 3.26 vs JSE:ARI: 36.38

Competitive Comparison of African Rainbow Minerals's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals'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.


African Rainbow Minerals's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

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

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



African Rainbow Minerals 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 African Rainbow Minerals is calculated as

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

African Rainbow Minerals  (JSE:ARI) 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.


African Rainbow Minerals 5-Year Yield-on-Cost % Related Terms

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African Rainbow Minerals (JSE:ARI) Business Description

Traded in Other Exchanges
Address
29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196
African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: platinum, ferrous, coal, copper, and corporate. In addition, African Rainbow Minerals has an investment in gold through its shareholding in Harmony. Ferrous is the group's largest division, contributing roughly half of group revenue, closely trailed by the platinum division. The platinum division includes the Two Rivers Platinum Mine as a 51% subsidiary and an interest in the Modikwa Platinum Mine. The ferrous division comprises Assmang as a 50% joint venture, which includes iron ore, manganese, and chrome operations.

African Rainbow Minerals (JSE:ARI) Headlines