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First Quantum Minerals (TSX:FM) 5-Year Yield-on-Cost % : 37.89 (As of Apr. 27, 2024)


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What is First Quantum Minerals 5-Year Yield-on-Cost %?

First Quantum Minerals's yield on cost for the quarter that ended in Mar. 2024 was 37.89.


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

TSX:FM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.59   Med: 3.52   Max: 94.57
Current: 37.89

During the past 13 years, First Quantum Minerals's highest Yield on Cost was 94.57. The lowest was 0.59. And the median was 3.52.


TSX:FM's 5-Year Yield-on-Cost % is ranked better than
96.74% of 307 companies
in the Metals & Mining industry
Industry Median: 3.23 vs TSX:FM: 37.89

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

For the Copper subindustry, First Quantum 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.

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

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

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


First Quantum 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 First Quantum Minerals is calculated as

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

First Quantum Minerals  (TSX:FM) 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.

First Quantum Minerals 5-Year Yield-on-Cost % Related Terms

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First Quantum Minerals (TSX:FM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Quantum Minerals Ltd (TSX:FM) » Definitions » 5-Year Yield-on-Cost %
Comparable Companies
TSX:LUN TSX:CS TSX:HBM TSX:ERO TSX:TKO TSX:III TSX:MARI TSXV:LA TSX:ARG TSX:ASCU SCCO FCX LSE:ANTO LIM:CVERDEC1 SHSE:600362 SZSE:000630 WAR:KGH HKSE:01208 BOM:513599 HKSE:01258
Traded in Other Exchanges
FQVLF:USA IZ1:Germany
Address
330 Bay Street, Suite 1101, Toronto, ON, CAN, M5H 2S8
Website
https://www.first-quantum.com
First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Panama, Turkey, Spain, Australia and Mauritania. The Company's reportable operating segments are Cobre Panama, Kansanshi, Trident and Ravensthorpe. Majority of the revenue is generated from Cobre Panama.