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Terrence Energy Co (BJSE:834014) 5-Year Yield-on-Cost % : 2.44 (As of May. 29, 2024)


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What is Terrence Energy Co 5-Year Yield-on-Cost %?

Terrence Energy Co's yield on cost for the quarter that ended in Mar. 2024 was 2.44.


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

BJSE:834014' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.55   Med: 2.18   Max: 2.5
Current: 2.44


During the past 11 years, Terrence Energy Co's highest Yield on Cost was 2.50. The lowest was 1.55. And the median was 2.18.


BJSE:834014's 5-Year Yield-on-Cost % is ranked worse than
75.55% of 499 companies
in the Oil & Gas industry
Industry Median: 4.85 vs BJSE:834014: 2.44

Competitive Comparison of Terrence Energy Co's 5-Year Yield-on-Cost %

For the Oil & Gas Equipment & Services subindustry, Terrence Energy 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.


Terrence Energy Co's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Terrence Energy Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Terrence Energy 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 Terrence Energy Co is calculated as

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

Terrence Energy Co  (BJSE:834014) 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.


Terrence Energy Co 5-Year Yield-on-Cost % Related Terms

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Terrence Energy Co (BJSE:834014) Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Yanhe Middle Road, Xinbei District, Jiangsu Province, Changzhou City, CHN, 213133
Terrence Energy Co Ltd engages in the manufacturing, production, and sales of natural gas transmission and distribution and application equipment. Its products involve the whole process of natural gas collection, transmission and distribution, and application; the products are widely used in industries and fields such as public utilities, gas-fired power generation, and industrial raw materials. It manufactures and installation of pressure pipeline components and pressure vessels, safety accessories; oil and gas equipment and accessories, automation engineering and information system integration, technical services of computer software and hardware, electronic equipment, and mechanical and electrical products.

Terrence Energy Co (BJSE:834014) Headlines

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