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Mount Gibson Iron (Mount Gibson Iron) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 07, 2024)


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What is Mount Gibson Iron 5-Year Yield-on-Cost %?

Mount Gibson Iron's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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


During the past 13 years, Mount Gibson Iron's highest Yield on Cost was 23.53. The lowest was 0.00. And the median was 4.65.


MTGRY's 5-Year Yield-on-Cost % is not ranked *
in the Steel industry.
Industry Median: 3.48
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Steel subindustry, Mount Gibson 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.


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

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

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



Mount Gibson 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 Mount Gibson Iron is calculated as

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

Mount Gibson Iron  (OTCPK:MTGRY) 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.


Mount Gibson Iron 5-Year Yield-on-Cost % Related Terms

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Mount Gibson Iron (Mount Gibson Iron) Business Description

Traded in Other Exchanges
Address
2 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005
Mount Gibson Iron Ltd is a Western Australia-based iron ore mining company. The activities of the company involve mining, processing and direct shipment of hematite iron ore at the Koolan Island mine site in the Kimberley region of Western Australia; care and maintenance of the Shine hematite iron ore site and related infrastructure, rehabilitation works at the Extension Hill mine site and management of the Geraldton Port facilities in the Mid-West region of Western Australia; treasury management; and the pursuit of mineral resources acquisitions and investments. The company operates into two segments: Mid-West segment and Koolan Island segment. The company derives the majority of its revenue from Koolan Island.

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