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Tianjin 712 Communication & Broadcasting Co (SHSE:603712) 5-Year Yield-on-Cost % : 1.60 (As of May. 23, 2024)


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What is Tianjin 712 Communication & Broadcasting Co 5-Year Yield-on-Cost %?

Tianjin 712 Communication & Broadcasting Co's yield on cost for the quarter that ended in Mar. 2024 was 1.60.


The historical rank and industry rank for Tianjin 712 Communication & Broadcasting Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SHSE:603712' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.38   Med: 0.85   Max: 2.83
Current: 1.6


During the past 11 years, Tianjin 712 Communication & Broadcasting Co's highest Yield on Cost was 2.83. The lowest was 0.38. And the median was 0.85.


SHSE:603712's 5-Year Yield-on-Cost % is ranked worse than
65.13% of 1365 companies
in the Hardware industry
Industry Median: 2.72 vs SHSE:603712: 1.60

Competitive Comparison of Tianjin 712 Communication & Broadcasting Co's 5-Year Yield-on-Cost %

For the Communication Equipment subindustry, Tianjin 712 Communication & Broadcasting 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.


Tianjin 712 Communication & Broadcasting Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tianjin 712 Communication & Broadcasting Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Tianjin 712 Communication & Broadcasting Co's 5-Year Yield-on-Cost % falls into.



Tianjin 712 Communication & Broadcasting 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 Tianjin 712 Communication & Broadcasting Co is calculated as

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

Tianjin 712 Communication & Broadcasting Co  (SHSE:603712) 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.


Tianjin 712 Communication & Broadcasting Co 5-Year Yield-on-Cost % Related Terms

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Tianjin 712 Communication & Broadcasting Co (SHSE:603712) Business Description

Traded in Other Exchanges
N/A
Address
No. 141 North Main Street, Tianjin Economic and Technological Development Zone, West District, Tianjin, CHN, 300462
Tianjin 712 Communication & Broadcasting Co Ltd is a Chinese based company operates in communication equipment business. It is primarily involved in the research, development, production, and precision electronic product processing of civil communication equipment, trunking mobile communication system, maritime communication products, digital walkie-talkie and train wireless dispatching communication system equipment. Geographically, the operations are carried out through China.

Tianjin 712 Communication & Broadcasting Co (SHSE:603712) Headlines

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