GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Ionic Corp (TSXV:LTH) » Definitions » 5-Year Yield-on-Cost %

Lithium Ionic (TSXV:LTH) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Lithium Ionic 5-Year Yield-on-Cost %?

Lithium Ionic's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



TSXV:LTH's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.16
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Lithium Ionic's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Lithium Ionic'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.


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

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

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



Lithium Ionic 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 Lithium Ionic is calculated as

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

Lithium Ionic  (TSXV:LTH) 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.


Lithium Ionic 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Lithium Ionic's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lithium Ionic (TSXV:LTH) Business Description

Traded in Other Exchanges
Address
36 Lombard Street, 4th Floor, Toronto, ON, CAN, M5C 2X3
Lithium Ionic Corp is a Canadian junior exploration company focused on developing commercial-grade lithium. It owns a 100% ownership interest in the Itinga lithium project. It operates a single operating segment, which is mineral exploration and evaluation in Brazil.