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Cowealth Medical China Co (SHSE:603122) 5-Year Yield-on-Cost % : 2.38 (As of May. 19, 2024)


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What is Cowealth Medical China Co 5-Year Yield-on-Cost %?

Cowealth Medical China Co's yield on cost for the quarter that ended in Mar. 2024 was 2.38.


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

SHSE:603122' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.23   Med: 1.78   Max: 2.67
Current: 2.38


During the past 7 years, Cowealth Medical China Co's highest Yield on Cost was 2.67. The lowest was 1.23. And the median was 1.78.


SHSE:603122's 5-Year Yield-on-Cost % is ranked better than
50.7% of 71 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.31 vs SHSE:603122: 2.38

Competitive Comparison of Cowealth Medical China Co's 5-Year Yield-on-Cost %

For the Diagnostics & Research subindustry, Cowealth Medical China 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.


Cowealth Medical China Co's 5-Year Yield-on-Cost % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Cowealth Medical China Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Cowealth Medical China 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 Cowealth Medical China Co is calculated as

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

Cowealth Medical China Co  (SHSE:603122) 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.


Cowealth Medical China Co 5-Year Yield-on-Cost % Related Terms

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Cowealth Medical China Co (SHSE:603122) Business Description

Traded in Other Exchanges
N/A
Address
No. 1001 Qinzhou North Road, 21st Floor, Building 12, Xuhui District, Shanghai, CHN, 200131
Cowealth Medical China Co Ltd operates as a diagnostic clinical laboratory company. It has introduced radiation oncology technology into the market.

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