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Zhongtai Futures Co (HKSE:01461) 5-Year Yield-on-Cost % : 3.26 (As of May. 25, 2024)


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What is Zhongtai Futures Co 5-Year Yield-on-Cost %?

Zhongtai Futures Co's yield on cost for the quarter that ended in Dec. 2023 was 3.26.


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

HKSE:01461' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.55   Med: 4.14   Max: 12.71
Current: 3.26


During the past 10 years, Zhongtai Futures Co's highest Yield on Cost was 12.71. The lowest was 2.55. And the median was 4.14.


HKSE:01461's 5-Year Yield-on-Cost % is ranked better than
51.84% of 353 companies
in the Capital Markets industry
Industry Median: 3.04 vs HKSE:01461: 3.26

Competitive Comparison of Zhongtai Futures Co's 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Zhongtai Futures 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.


Zhongtai Futures Co's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Zhongtai Futures Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Zhongtai Futures 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 Zhongtai Futures Co is calculated as

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

Zhongtai Futures Co  (HKSE:01461) 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.


Zhongtai Futures Co 5-Year Yield-on-Cost % Related Terms

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Zhongtai Futures Co (HKSE:01461) Business Description

Traded in Other Exchanges
N/A
Address
No. 86 Jingqi Road, 15th-16th Floor, Securities Tower, Shizhong District, Shandong Province, Jinan, CHN, 250001
Zhongtai Futures Co Ltd is engaged in four segments; Brokerage business, Risk management business, Asset management business, and Other businesses. The business scopes of the Group cover commodity futures brokerage, financial futures brokerage, futures transaction consulting, asset management, bulk commodity futures and spot trading services, cooperative hedging, market-maker business, OTC derivatives business, information technology consulting services, and other business activities. The Group mainly operates in Shandong Province, the PRC.
Executives
Xu Guiqin 2101 Beneficial owner
China Minsheng Investment Group Corp., Ltd. 2101 Beneficial owner
Cm International Capital Limited 2101 Beneficial owner

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