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Joy City Property (HKSE:00207) 5-Year Yield-on-Cost % : 5.03 (As of May. 13, 2024)


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What is Joy City Property 5-Year Yield-on-Cost %?

Joy City Property's yield on cost for the quarter that ended in Dec. 2023 was 5.03.


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

HKSE:00207' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.6   Med: 4.58   Max: 14.9
Current: 5.03


During the past 13 years, Joy City Property's highest Yield on Cost was 14.90. The lowest was 0.60. And the median was 4.58.


HKSE:00207's 5-Year Yield-on-Cost % is ranked better than
63.68% of 892 companies
in the Real Estate industry
Industry Median: 3.745 vs HKSE:00207: 5.03

Competitive Comparison of Joy City Property's 5-Year Yield-on-Cost %

For the Real Estate - Diversified subindustry, Joy City Property'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.


Joy City Property's 5-Year Yield-on-Cost % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Joy City Property's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Joy City Property's 5-Year Yield-on-Cost % falls into.



Joy City Property 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 Joy City Property is calculated as

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

Joy City Property  (HKSE:00207) 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.


Joy City Property 5-Year Yield-on-Cost % Related Terms

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Joy City Property (HKSE:00207) Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, 33rd Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG
Joy City Property Ltd is a large-scale commercial property developer and operator, working on the development, operation, sales, leasing and management of mixed-use complexes and other commercial properties such as shopping centers, hotels, offices, serviced apartments and resort and tourist properties in China. Rental income accounts for majority of the operating profit. The company's portfolio consists of various retail malls under the flagship brand of Joy City, and some office and hotel assets. Recently, it introduced a second brand called Joy Breeze, consisting of smaller retail assets. The businesses of the Group are divided into four areas, namely investment properties, property development, hotel operations and output management and other services.

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