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Shandong Gold Mining Co (SHSE:600547) 5-Year Yield-on-Cost % : 0.23 (As of May. 22, 2024)


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What is Shandong Gold Mining Co 5-Year Yield-on-Cost %?

Shandong Gold Mining Co's yield on cost for the quarter that ended in Mar. 2024 was 0.23.


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

SHSE:600547' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.1   Med: 0.33   Max: 1.24
Current: 0.23


During the past 13 years, Shandong Gold Mining Co's highest Yield on Cost was 1.24. The lowest was 0.10. And the median was 0.33.


SHSE:600547's 5-Year Yield-on-Cost % is ranked worse than
96.39% of 305 companies
in the Metals & Mining industry
Industry Median: 2.99 vs SHSE:600547: 0.23

Competitive Comparison of Shandong Gold Mining Co's 5-Year Yield-on-Cost %

For the Gold subindustry, Shandong Gold Mining 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.


Shandong Gold Mining Co's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shandong Gold Mining Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Shandong Gold Mining 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 Shandong Gold Mining Co is calculated as

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

Shandong Gold Mining Co  (SHSE:600547) 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.


Shandong Gold Mining Co 5-Year Yield-on-Cost % Related Terms

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Shandong Gold Mining Co (SHSE:600547) Business Description

Traded in Other Exchanges
Address
No. 2503 Jingshi Road, Licheng District, Shandong Province, Jinan, CHN, 250107
Shandong Gold Mining Co Ltd is a China-based company engaged in the exploration, mining, and smelting of gold mines. It is also engaged in the purification, processing, manufacturing, and distribution of precious metal, nonferrous metal products, and gold jewelry. The operating segments of the company are Gold Mining, Gold Refining, and Investment Management. It derives key revenue from the Gold Refining segment which involves the production and sales of gold. The group operates in the PRC and Outside PRC, of which most of the revenue is from the PRC.

Shandong Gold Mining Co (SHSE:600547) Headlines

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