CSSC (Hong Kong) Shipping Co (HKSE:03877) 5-Year Yield-on-Cost % : 6.76 (As of May. 16, 2024)

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What is CSSC (Hong Kong) Shipping Co 5-Year Yield-on-Cost %?

CSSC (Hong Kong) Shipping Co's yield on cost for the quarter that ended in Dec. 2023 was 6.76.

The historical rank and industry rank for CSSC (Hong Kong) Shipping Co's 5-Year Yield-on-Cost % or its related term are showing as below:

HKSE:03877' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.38 Med: 6.57 Max: 9.09
Current: 6.76

During the past 8 years, CSSC (Hong Kong) Shipping Co's highest Yield on Cost was 9.09. The lowest was 2.38. And the median was 6.57.

HKSE:03877's 5-Year Yield-on-Cost % is ranked better than
80.1% of 588 companies
in the Business Services industry
Industry Median: 3.485 vs HKSE:03877: 6.76

Competitive Comparison of CSSC (Hong Kong) Shipping Co's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, CSSC (Hong Kong) Shipping 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.

CSSC (Hong Kong) Shipping Co's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CSSC (Hong Kong) Shipping Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where CSSC (Hong Kong) Shipping Co's 5-Year Yield-on-Cost % falls into.

CSSC (Hong Kong) Shipping 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 CSSC (Hong Kong) Shipping Co is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

CSSC (Hong Kong) Shipping Co (HKSE:03877) 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.

CSSC (Hong Kong) Shipping Co 5-Year Yield-on-Cost % Related Terms

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CSSC (Hong Kong) Shipping Co (HKSE:03877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CSSC (Hong Kong) Shipping Co Ltd (HKSE:03877) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

3LL:Germany

Address

19 Des Voeux Road Central, Room 1801, 18th Floor, World-wide House, Hong Kong, HKG

Website

https://www.csscshipping.cn

CSSC (Hong Kong) Shipping Co Ltd is a shipyard-affiliated leasing company in Greater China. As a player in the ship leasing industry, it offers customized ship leasing solutions that suit customers' different needs. The core business of the group is the provision of leasing services, which include finance leases and operating leases. It operates through the below segments: Leasing services, Shipbroking services, and Loan borrowings. The Leasing services segment that derives the majority of revenue provides Leasing services.

CSSC (Hong Kong) Shipping Co (HKSE:03877) Headlines

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