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Yangtze Optical Fibre and Cable Joint Stock Co (HKSE:06869) 5-Year Yield-on-Cost % : 5.53 (As of Jun. 12, 2024)


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What is Yangtze Optical Fibre and Cable Joint Stock Co 5-Year Yield-on-Cost %?

Yangtze Optical Fibre and Cable Joint Stock Co's yield on cost for the quarter that ended in Mar. 2024 was 5.53.


The historical rank and industry rank for Yangtze Optical Fibre and Cable Joint Stock Co's 5-Year Yield-on-Cost % or its related term are showing as below:

HKSE:06869' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.64   Med: 4.13   Max: 6.24
Current: 5.53


During the past 11 years, Yangtze Optical Fibre and Cable Joint Stock Co's highest Yield on Cost was 6.24. The lowest was 1.64. And the median was 4.13.


HKSE:06869's 5-Year Yield-on-Cost % is ranked better than
74.69% of 1383 companies
in the Hardware industry
Industry Median: 2.64 vs HKSE:06869: 5.53

Competitive Comparison of Yangtze Optical Fibre and Cable Joint Stock Co's 5-Year Yield-on-Cost %

For the Communication Equipment subindustry, Yangtze Optical Fibre and Cable Joint Stock Co'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.


Yangtze Optical Fibre and Cable Joint Stock Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Yangtze Optical Fibre and Cable Joint Stock Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Yangtze Optical Fibre and Cable Joint Stock Co's 5-Year Yield-on-Cost % falls into.



Yangtze Optical Fibre and Cable Joint Stock Co 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 Yangtze Optical Fibre and Cable Joint Stock Co is calculated as

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

Yangtze Optical Fibre and Cable Joint Stock Co  (HKSE:06869) 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.


Yangtze Optical Fibre and Cable Joint Stock Co 5-Year Yield-on-Cost % Related Terms

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Yangtze Optical Fibre and Cable Joint Stock Co (HKSE:06869) Business Description

Traded in Other Exchanges
Address
No. 9 Guanggu Avenue, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073
Yangtze Optical Fibre and Cable Joint Stock Ltd Co is engaged in the Chinese communication equipment industry. It manufactures and sells optical fiber preforms, optical fibers with various standard specifications that are widely used in the telecommunications industry. It operates its business through two operating segments, optical fibers and optical fiber preforms; and optical fiber cables. The manufacture and sale of optical fiber cables provide the company with majority of its revenue. Its other products comprise of trunk cables, patch cords, plug-and-play modules, optical distribution frames, pigtails, adapter panels, splitters, and connecting cabinets.

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