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BlackRock World Mining Trust (LSE:BRWM) 5-Year Yield-on-Cost % : 15.86 (As of Jun. 05, 2024)


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What is BlackRock World Mining Trust 5-Year Yield-on-Cost %?

BlackRock World Mining Trust's yield on cost for the quarter that ended in Dec. 2023 was 15.86.


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

LSE:BRWM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 8.14   Med: 13.3   Max: 33.89
Current: 15.86


During the past 13 years, BlackRock World Mining Trust's highest Yield on Cost was 33.89. The lowest was 8.14. And the median was 13.30.


LSE:BRWM's 5-Year Yield-on-Cost % is ranked better than
92.84% of 1215 companies
in the Asset Management industry
Industry Median: 5.88 vs LSE:BRWM: 15.86

Competitive Comparison of BlackRock World Mining Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, BlackRock World Mining Trust'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.


BlackRock World Mining Trust's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock World Mining Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where BlackRock World Mining Trust's 5-Year Yield-on-Cost % falls into.



BlackRock World Mining Trust 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 BlackRock World Mining Trust is calculated as

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

BlackRock World Mining Trust  (LSE:BRWM) 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.


BlackRock World Mining Trust 5-Year Yield-on-Cost % Related Terms

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BlackRock World Mining Trust (LSE:BRWM) Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock World Mining Trust PLC is a UK-based investment trust company. Its primary investment objective is to maximize total returns to shareholders through a portfolio of mining and metal securities. The company seeks to achieve its objective through investment in a diversified portfolio of mining and metal securities worldwide. It focuses upon investing in quoted securities, royalties derived from the production of metals and minerals, as well as physical metals. The company may restrict its investments to 10% of gross assets in physical metals and 20% in unquoted investments. It may utilize derivative instruments such as options, futures, and contracts for difference to enhance the performance of the group to meet its objectives.

BlackRock World Mining Trust (LSE:BRWM) Headlines

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