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Paranovus Entertainment Technology (Paranovus Entertainment Technology) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 06, 2024)


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What is Paranovus Entertainment Technology 5-Year Yield-on-Cost %?

Paranovus Entertainment Technology's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


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



PAVS's 5-Year Yield-on-Cost % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.695
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Paranovus Entertainment Technology's 5-Year Yield-on-Cost %

For the Packaged Foods subindustry, Paranovus Entertainment Technology'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.


Paranovus Entertainment Technology's 5-Year Yield-on-Cost % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Paranovus Entertainment Technology's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Paranovus Entertainment Technology's 5-Year Yield-on-Cost % falls into.



Paranovus Entertainment Technology 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 Paranovus Entertainment Technology is calculated as

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

Paranovus Entertainment Technology  (NAS:PAVS) 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.


Paranovus Entertainment Technology 5-Year Yield-on-Cost % Related Terms

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Paranovus Entertainment Technology (Paranovus Entertainment Technology) Business Description

Traded in Other Exchanges
Address
Number 11, Dongjiao East Road, Shuangxi, Shunchang, Fujian Province, Nanping, CHN, 353200
Paranovus Entertainment Technology Ltd is a nutraceutical and dietary supplements producer focused on the research, development, manufacturing, and marketing of products made from Chinese herbal extracts. The company's segment includes Healthcare products; Automobile; Online store and Internet information and advertising service. It generates maximum revenue from the Online store segment.