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Ballymore Resources (ASX:BMR) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 02, 2024)


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What is Ballymore Resources 5-Year Yield-on-Cost %?

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


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



ASX:BMR's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.14
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Ballymore Resources's 5-Year Yield-on-Cost %

For the Other Precious Metals & Mining subindustry, Ballymore Resources'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.


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

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

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



Ballymore Resources 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 Ballymore Resources is calculated as

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

Ballymore Resources  (ASX:BMR) 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.


Ballymore Resources 5-Year Yield-on-Cost % Related Terms

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


Ballymore Resources (ASX:BMR) Business Description

Traded in Other Exchanges
N/A
Address
10 Market Street, Level 6, Suite 606, Brisbane, QLD, AUS, 4000
Ballymore Resources Ltd is an exploration and development company. It is engaged in gold and base metal exploration in Queensland. Its assets are the Dittmer project, the Ruddygore project, the Ravenswood project, Mount Molloy project.