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Grand Ming Group Holdings (HKSE:01271) 5-Year Yield-on-Cost % : 6.94 (As of May. 11, 2024)


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What is Grand Ming Group Holdings 5-Year Yield-on-Cost %?

Grand Ming Group Holdings's yield on cost for the quarter that ended in Sep. 2023 was 6.94.


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

HKSE:01271' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.04   Med: 3.53   Max: 7.49
Current: 6.94


During the past 11 years, Grand Ming Group Holdings's highest Yield on Cost was 7.49. The lowest was 1.04. And the median was 3.53.


HKSE:01271's 5-Year Yield-on-Cost % is ranked better than
80.44% of 961 companies
in the Construction industry
Industry Median: 3.22 vs HKSE:01271: 6.94

Competitive Comparison of Grand Ming Group Holdings's 5-Year Yield-on-Cost %

For the Engineering & Construction subindustry, Grand Ming Group Holdings'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.


Grand Ming Group Holdings's 5-Year Yield-on-Cost % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grand Ming Group Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Grand Ming Group Holdings 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 Grand Ming Group Holdings is calculated as

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

Grand Ming Group Holdings  (HKSE:01271) 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.


Grand Ming Group Holdings 5-Year Yield-on-Cost % Related Terms

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Grand Ming Group Holdings (HKSE:01271) Business Description

Traded in Other Exchanges
N/A
Address
No. 39 Chatham Road South, 22nd Floor, Railway Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Grand Ming Group Holdings Ltd is an investment holding company. The segments in which the company operates include Construction is a key revenue driver, which includes contracts for residential buildings, commercial buildings, and data centers; Property leasing, which includes leasing of data centers; and Property development segment includes the development and sale of properties. All of its activities are carried out in Hong Kong.

Grand Ming Group Holdings (HKSE:01271) Headlines

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