GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teck Resources Ltd (NYSE:TECK) » Definitions » 5-Year Yield-on-Cost %

Teck Resources (Teck Resources) 5-Year Yield-on-Cost %

: 3.64 (As of Today)
View and export this data going back to 1991. Start your Free Trial

Teck Resources's yield on cost for the quarter that ended in Dec. 2023 was 3.64.


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

TECK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.35   Med: 4.39   Max: 60.89
Current: 3.64


During the past 13 years, Teck Resources's highest Yield on Cost was 60.89. The lowest was 1.35. And the median was 4.39.


TECK's 5-Year Yield-on-Cost % is ranked better than
52.3% of 304 companies
in the Metals & Mining industry
Industry Median: 3.21 vs TECK: 3.64

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Teck Resources'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.


Teck Resources 5-Year Yield-on-Cost % Distribution

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

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



Teck Resources 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 Teck Resources is calculated as

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

Teck Resources  (NYSE:TECK) 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.


Teck Resources 5-Year Yield-on-Cost % Related Terms

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


Teck Resources (Teck Resources) Business Description

Address
550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3
Teck is a diversified miner with coal, copper, and zinc operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, followed by copper and zinc. Teck is the world's second-largest exporter of seaborne metallurgical coal and is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper. It sold its oil sands business in early 2023 and has agreed to sell its coal business, with the deal likely closing in the third quarter of 2024.