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Shede Spirits Co (SHSE:600702) 5-Year Yield-on-Cost % : 61.00 (As of May. 11, 2024)


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What is Shede Spirits Co 5-Year Yield-on-Cost %?

Shede Spirits Co's yield on cost for the quarter that ended in Mar. 2024 was 61.00.


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

SHSE:600702' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.26   Med: 5.97   Max: 101.25
Current: 61


During the past 13 years, Shede Spirits Co's highest Yield on Cost was 101.25. The lowest was 1.26. And the median was 5.97.


SHSE:600702's 5-Year Yield-on-Cost % is ranked better than
99.33% of 149 companies
in the Beverages - Alcoholic industry
Industry Median: 3.23 vs SHSE:600702: 61.00

Competitive Comparison of Shede Spirits Co's 5-Year Yield-on-Cost %

For the Beverages - Wineries & Distilleries subindustry, Shede Spirits 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.


Shede Spirits Co's 5-Year Yield-on-Cost % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Shede Spirits 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 Shede Spirits Co is calculated as

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

Shede Spirits Co  (SHSE:600702) 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.


Shede Spirits Co 5-Year Yield-on-Cost % Related Terms

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Shede Spirits Co (SHSE:600702) Business Description

Traded in Other Exchanges
N/A
Address
No. 999, Tuopai Avenue, Tuopai Town, Shehong County, Sichuan Province, Suining, CHN, 629209
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.

Shede Spirits Co (SHSE:600702) Headlines

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