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Solis Minerals (ASX:SLM) 5-Year Yield-on-Cost % : 0.00 (As of May. 26, 2024)


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

Solis Minerals's yield on cost for the quarter that ended in Feb. 2024 was 0.00.


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



ASX:SLM's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.09
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Copper subindustry, Solis 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.


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

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

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



Solis 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 Solis Minerals is calculated as

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

Solis Minerals  (ASX:SLM) 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.


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

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Solis Minerals (ASX:SLM) Business Description

Traded in Other Exchanges
Address
Unit 3, 32 Harrogate Street, West Leederville, Perth, WA, AUS, 6017
Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Mostazal copper project located in Chile. It also holds an interest in Ilo Este and Ilo Norte Project in Peru.