Freeport-McMoRan Inc. (FCX) Yield on Cost (YOC): 0.97%
The yield on cost (YOC) for Freeport-McMoRan Inc. (FCX) is 0.97%.
FCX Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
0.97%
Forward Yield on Cost Projections
If you buy FCX today at the current stock price of $62.08 with a yield of 0.97% and dividends continue to grow at the historical rate (64.4% CAGR), your YOC would be:
Current Yield
0.97%
YOC in 3 Years
2.58%
YOC in 5 Years
4.96%
YOC in 10 Years
25.42%
Interactive Yield on Cost Calculator
Project custom investment returns for Freeport-McMoRan Inc. (FCX) based on your custom cost basis.
Starting Yield
0.97%
Ending YOC
1672.36%
Year 15 Dividend
$1038.20
Cum. Dividends Recd.
$2649.04
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.60 | — | 0.97% | $0.00 |
| Year 1 | $0.99 | +64.39% | 1.59% | $0.99 |
| Year 2 | $1.62 | +64.39% | 2.61% | $2.61 |
| Year 3 | $2.67 | +64.39% | 4.29% | $5.27 |
| Year 4 | $4.38 | +64.39% | 7.06% | $9.66 |
| Year 5 | $7.20 | +64.39% | 11.60% | $16.86 |
| Year 6 | $11.84 | +64.39% | 19.07% | $28.70 |
| Year 7 | $19.47 | +64.39% | 31.36% | $48.17 |
| Year 8 | $32.00 | +64.39% | 51.55% | $80.17 |
| Year 9 | $52.61 | +64.39% | 84.74% | $132.77 |
| Year 10 | $86.48 | +64.39% | 139.30% | $219.25 |
| Year 11 | $142.16 | +64.39% | 229.00% | $361.41 |
| Year 12 | $233.70 | +64.39% | 376.45% | $595.11 |
| Year 13 | $384.18 | +64.39% | 618.84% | $979.29 |
| Year 14 | $631.55 | +64.39% | 1017.31% | $1610.83 |
| Year 15 | $1038.20 | +64.39% | 1672.36% | $2649.04 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
Freeport-McMoRan Inc. Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Freeport-McMoRan Inc. Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Freeport-McMoRan Inc. (FCX)?
- The yield on cost (YOC) for FCX stock is 0.97%.
About Freeport-McMoRan Inc.
Freeport-McMoRan Inc. is a prominent mining enterprise conducting extensive operations across North America, South America, and Indonesia. The company primarily focuses on the exploration and extraction of key mineral resources such as copper, gold, molybdenum, and silver, alongside other valuable metals. Additionally, it maintains a significant presence in the oil and gas sector. Its diverse portfolio of assets features the notable Grasberg minerals district in Indonesia; numerous sites in the United States including Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado. In South America, its holdings include Cerro Verde in Peru and El Abra in Chile. Beyond its mineral interests, Freeport-McMoRan operates a collection of oil and gas properties, predominantly situated off the coasts of California and in the Gulf of Mexico, managing approximately 135 wells as of December 31, 2021. Founded in 1987 and headquartered in Phoenix, Arizona, the company adopted its current name, Freeport-McMoRan Inc., in July 2014, having previously operated as Freeport-McMoRan Copper & Gold Inc.
- Sector
- Basic Materials
- Industry
- Copper
- CEO
- Kathleen Lynne Quirk