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Champion Iron (Champion Iron) 5-Year Yield-on-Cost % : 3.35 (As of Apr. 26, 2024)


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What is Champion Iron 5-Year Yield-on-Cost %?

Champion Iron's yield on cost for the quarter that ended in Dec. 2023 was 3.35.


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

CIAFF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.32   Med: 3.48   Max: 4.89
Current: 3.35


During the past 11 years, Champion Iron's highest Yield on Cost was 4.89. The lowest was 1.32. And the median was 3.48.


CIAFF's 5-Year Yield-on-Cost % is ranked worse than
51.4% of 358 companies
in the Steel industry
Industry Median: 3.475 vs CIAFF: 3.35

Competitive Comparison of Champion Iron's 5-Year Yield-on-Cost %

For the Steel subindustry, Champion Iron'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.


Champion Iron's 5-Year Yield-on-Cost % Distribution in the Steel Industry

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

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



Champion Iron 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 Champion Iron is calculated as

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

Champion Iron  (OTCPK:CIAFF) 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.


Champion Iron 5-Year Yield-on-Cost % Related Terms

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Champion Iron (Champion Iron) Business Description

Traded in Other Exchanges
Address
91 Evans Street, Level 1, Rozelle, Sydney, NSW, AUS, 2039
Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others. Its segment includes Iron Ore Concentrate; Exploration and Evaluation and Corporate. The company generates maximum revenue from the Iron Ore Concentrate segment.

Champion Iron (Champion Iron) Headlines

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