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Hoshine Silicon Industry Co (SHSE:603260) 5-Year Yield-on-Cost % : 5.87 (As of May. 05, 2024)


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What is Hoshine Silicon Industry Co 5-Year Yield-on-Cost %?

Hoshine Silicon Industry Co's yield on cost for the quarter that ended in Mar. 2024 was 5.87.


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

SHSE:603260' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.42   Med: 3.68   Max: 9.58
Current: 5.87


During the past 12 years, Hoshine Silicon Industry Co's highest Yield on Cost was 9.58. The lowest was 0.42. And the median was 3.68.


SHSE:603260's 5-Year Yield-on-Cost % is ranked better than
79.87% of 1048 companies
in the Chemicals industry
Industry Median: 2.32 vs SHSE:603260: 5.87

Competitive Comparison of Hoshine Silicon Industry Co's 5-Year Yield-on-Cost %

For the Chemicals subindustry, Hoshine Silicon Industry 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.


Hoshine Silicon Industry Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hoshine Silicon Industry Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Hoshine Silicon Industry 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 Hoshine Silicon Industry Co is calculated as

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

Hoshine Silicon Industry Co  (SHSE:603260) 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.


Hoshine Silicon Industry Co 5-Year Yield-on-Cost % Related Terms

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Hoshine Silicon Industry Co (SHSE:603260) Business Description

Traded in Other Exchanges
N/A
Address
No. 530 Yashan West Road, Zhapu town, Zhejiang Province, Jiaxing, CHN, 315300
Hoshine Silicon Industry Co Ltd primarily produces and sells silicon metals and silicon-based products. Its products include silicon metal, neutral silicon sealant, fumed silica, acetic silicon sealant, and others. Geographically, the activities are carried out through the region of China.

Hoshine Silicon Industry Co (SHSE:603260) Headlines

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