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Jiangsufety Group Co (SHSE:603028) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 09, 2024)


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What is Jiangsufety Group Co 5-Year Yield-on-Cost %?

Jiangsufety Group Co's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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


During the past 13 years, Jiangsufety Group Co's highest Yield on Cost was 0.76. The lowest was 0.00. And the median was 0.42.


SHSE:603028's 5-Year Yield-on-Cost % is not ranked *
in the Steel industry.
Industry Median: 3.45
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Jiangsufety Group Co's 5-Year Yield-on-Cost %

For the Steel subindustry, Jiangsufety Group 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.


Jiangsufety Group Co's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsufety Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Jiangsufety Group Co's 5-Year Yield-on-Cost % falls into.



Jiangsufety Group 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 Jiangsufety Group Co is calculated as

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

Jiangsufety Group Co  (SHSE:603028) 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.


Jiangsufety Group Co 5-Year Yield-on-Cost % Related Terms

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Jiangsufety Group Co (SHSE:603028) Business Description

Traded in Other Exchanges
N/A
Address
No. 151, Furong Zhongsan Road, XiShan Economic Development Zone, Jiangsu, Wuxi, CHN, 214192
Jiangsu Safety Wire Rope Co Ltd develops and manufactures elevator ropes for customers with different requirements and needs. Its products include wire rope for elevators, lifting Wire rope, steel wire rope, synthetic fiber sling belt rigging, and accessories. Its products are used in elevators, construction machinery, Hong Kong Port terminal, coal mine, marine engineering, shipbuilding, ocean fishing, logistics, and warehousing.
Executives
Shen Sheng Quan Director
Cui Zi Feng Director
Zhao Zu Yin senior management
Deng Wei Director
Lin Zhu Ying Director
Yang Yue Min Director
Liu Hong Gang Director
Bai Shu Qing Director
Hu Wen Lin Director
Wu Hai Feng Director
Cui Zhi Qiang Director

Jiangsufety Group Co (SHSE:603028) Headlines

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