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Iris Energy (Iris Energy) 5-Year Yield-on-Cost % : 0.00 (As of May. 18, 2024)


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What is Iris Energy 5-Year Yield-on-Cost %?

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


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



IREN's 5-Year Yield-on-Cost % is not ranked *
in the Capital Markets industry.
Industry Median: 3.145
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Iris Energy's 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Iris Energy'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.


Iris Energy's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Iris Energy's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Iris Energy 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 Iris Energy is calculated as

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

Iris Energy  (NAS:IREN) 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.


Iris Energy 5-Year Yield-on-Cost % Related Terms

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Iris Energy (Iris Energy) Business Description

Traded in Other Exchanges
N/A
Address
44 Market Street, Level 12, Sydney, NSW, AUS, 2000
Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.