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Horizon Minerals (Horizon Minerals) 5-Year Yield-on-Cost % : 0.00 (As of May. 23, 2024)


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

Horizon Minerals's yield on cost for the quarter that ended in Mar. 2017 was 0.00.


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



HZNM's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.965
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Other Industrial Metals & Mining subindustry, Horizon 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.


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

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

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



Horizon 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 Horizon Minerals is calculated as

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

Horizon Minerals  (OTCPK:HZNM) 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.


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

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Horizon Minerals (Horizon Minerals) Business Description

Traded in Other Exchanges
N/A
Address
9101 West Sahara Avenue, Suite 105 - 197, Las Vegas, NV, USA, 89117
Horizon Minerals Corp is a US-based exploration stage company. It owns domestic lithium assets and is currently evaluating additional lithium opportunities in Nevada and California. The company has acquired several claims in the Great Basin and is ongoingly looking for additional lithium asset acquisitions.

Horizon Minerals (Horizon Minerals) Headlines

From GuruFocus

Germany, Hillary and Horizon Minerals

By $$$ Christopher Malcolm 10-13-2016