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Zijin Mining Group Co (Zijin Mining Group Co) 5-Year Yield-on-Cost % : 4.58 (As of Apr. 26, 2024)


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What is Zijin Mining Group Co 5-Year Yield-on-Cost %?

Zijin Mining Group Co's yield on cost for the quarter that ended in Mar. 2024 was 4.58.


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

ZIJMY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.09   Med: 5.69   Max: 13.28
Current: 4.58


During the past 13 years, Zijin Mining Group Co's highest Yield on Cost was 13.28. The lowest was 2.09. And the median was 5.69.


ZIJMY's 5-Year Yield-on-Cost % is ranked better than
60.91% of 307 companies
in the Metals & Mining industry
Industry Median: 3.23 vs ZIJMY: 4.58

Competitive Comparison of Zijin Mining Group Co's 5-Year Yield-on-Cost %

For the Gold subindustry, Zijin Mining Group Co'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.


Zijin Mining Group Co's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Zijin Mining Group Co's 5-Year Yield-on-Cost % falls into.



Zijin Mining Group Co 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 Zijin Mining Group Co is calculated as

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

Zijin Mining Group Co  (OTCPK:ZIJMY) 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.


Zijin Mining Group Co 5-Year Yield-on-Cost % Related Terms

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Zijin Mining Group Co (Zijin Mining Group Co) Business Description

Address
No.1 Zijin Road, Zijin Tower, Fujian Province, Shanghang County, Longyan, CHN, 364200
Zijin Mining Group Co Ltd is focusing on the exploration and development of gold and copper and other metal mineral resources. The company's operating segment includes Gold bullion; Processed, refined, and trading gold; Gold concentrates; Electrolytic copper & electrodeposited copper; Refined copper; Copper concentrates; Other concentrates; Zinc bullion, Environmental protection, trading, and others. It generates maximum revenue from the Processed, refined & trading gold segment. The Processed, refined, and trading gold segment is engaged in the production of gold bullion by processing gold concentrates produced by the group or purchased from external suppliers and gold bullion in the business of physical gold trading. Geographically, the majority is derived from Mainland China.

Zijin Mining Group Co (Zijin Mining Group Co) Headlines