GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Fujian Funeng Co Ltd (SHSE:600483) » Definitions » 5-Year Yield-on-Cost %

Fujian Funeng Co (SHSE:600483) 5-Year Yield-on-Cost % : 7.57 (As of Jun. 03, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Fujian Funeng Co 5-Year Yield-on-Cost %?

Fujian Funeng Co's yield on cost for the quarter that ended in Mar. 2024 was 7.57.


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

SHSE:600483' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.42   Med: 4.15   Max: 13.94
Current: 7.57


During the past 13 years, Fujian Funeng Co's highest Yield on Cost was 13.94. The lowest was 0.42. And the median was 4.15.


SHSE:600483's 5-Year Yield-on-Cost % is ranked better than
76.51% of 430 companies
in the Utilities - Regulated industry
Industry Median: 4.545 vs SHSE:600483: 7.57

Competitive Comparison of Fujian Funeng Co's 5-Year Yield-on-Cost %

For the Utilities - Diversified subindustry, Fujian Funeng 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.


Fujian Funeng Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Fujian Funeng Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Fujian Funeng 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 Fujian Funeng Co is calculated as

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

Fujian Funeng Co  (SHSE:600483) 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.


Fujian Funeng Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Fujian Funeng Co's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fujian Funeng Co (SHSE:600483) Business Description

Traded in Other Exchanges
N/A
Address
Anfeng Bridge, Fujian Province, Nanping, CHN, 350001
Fujian Funeng Co Ltd is engaged in the production & supply of electricity, heat, gas and water. It projects include thermal power project, wind power project & gas power project.
Executives
Fang Yin senior management

Fujian Funeng Co (SHSE:600483) Headlines

No Headlines