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Argent Minerals (ASX:ARD) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)


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What is Argent Minerals 5-Year Yield-on-Cost %?

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


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



ASX:ARD's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.16
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Other Industrial Metals & Mining subindustry, Argent 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.


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

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

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



Argent 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 Argent Minerals is calculated as

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

Argent Minerals  (ASX:ARD) 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.


Argent Minerals 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Argent Minerals's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Argent Minerals (ASX:ARD) Business Description

Traded in Other Exchanges
Address
7 Havelock Street, Level 2, West Perth, Perth, WA, AUS, 6005
Argent Minerals Ltd is a mineral exploration company. It is engaged in the exploration of silver, lead, copper, zinc, and gold deposits in Australia. The company's project consists of Kempfield Polymetallic Project, West Wyalong, Pine Ridge Gold Mine, and Trunkey Creek Project.

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