Newmont Corporation (NEM) Yield on Cost (YOC): 1.10%
The yield on cost (YOC) for Newmont Corporation (NEM) is 1.10%.
NEM Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
1.10%
Forward Yield on Cost Projections
If you buy NEM today at the current stock price of $92.76 with a yield of 1.10% and dividends continue to grow at the historical rate (-0.8% CAGR), your YOC would be:
Current Yield
1.10%
YOC in 3 Years
0.50%
YOC in 5 Years
0.30%
YOC in 10 Years
0.08%
Interactive Yield on Cost Calculator
Project custom investment returns for Newmont Corporation (NEM) based on your custom cost basis.
Starting Yield
1.10%
Ending YOC
0.98%
Year 15 Dividend
$0.91
Cum. Dividends Recd.
$14.38
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.02 | — | 1.10% | $0.00 |
| Year 1 | $1.01 | +-0.78% | 1.09% | $1.01 |
| Year 2 | $1.00 | +-0.78% | 1.08% | $2.02 |
| Year 3 | $1.00 | +-0.78% | 1.07% | $3.01 |
| Year 4 | $0.99 | +-0.78% | 1.07% | $4.00 |
| Year 5 | $0.98 | +-0.78% | 1.06% | $4.98 |
| Year 6 | $0.97 | +-0.78% | 1.05% | $5.96 |
| Year 7 | $0.97 | +-0.78% | 1.04% | $6.92 |
| Year 8 | $0.96 | +-0.78% | 1.03% | $7.88 |
| Year 9 | $0.95 | +-0.78% | 1.02% | $8.83 |
| Year 10 | $0.94 | +-0.78% | 1.02% | $9.77 |
| Year 11 | $0.94 | +-0.78% | 1.01% | $10.71 |
| Year 12 | $0.93 | +-0.78% | 1.00% | $11.64 |
| Year 13 | $0.92 | +-0.78% | 0.99% | $12.56 |
| Year 14 | $0.91 | +-0.78% | 0.99% | $13.47 |
| Year 15 | $0.91 | +-0.78% | 0.98% | $14.38 |
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.
Newmont Corporation 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
Newmont Corporation Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Newmont Corporation (NEM)?
- The yield on cost (YOC) for NEM stock is 1.10%.
About Newmont Corporation
Newmont Corporation is primarily involved in the mining and exploration of gold resources. Additionally, the company undertakes prospecting for other base and precious metals, including copper, silver, zinc, and lead. Its operations and assets are geographically widespread, located across various countries such as the United States, Canada, Mexico, the Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of the close of 2021 (December 31st), Newmont reported substantial proven and probable gold reserves, totaling 92.8 million ounces, and managed a vast land portfolio covering 62,800 square kilometers. Founded in 1916, the company's corporate headquarters are situated in Denver, Colorado.
- Sector
- Basic Materials
- Industry
- Gold
- CEO
- Natascha Viljoen