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Opple Lighting Co (SHSE:603515) 5-Year Yield-on-Cost % : 3.88 (As of May. 14, 2024)


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What is Opple Lighting Co 5-Year Yield-on-Cost %?

Opple Lighting Co's yield on cost for the quarter that ended in Mar. 2024 was 3.88.


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

SHSE:603515' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.81   Med: 2.75   Max: 5.2
Current: 3.88


During the past 13 years, Opple Lighting Co's highest Yield on Cost was 5.20. The lowest was 0.81. And the median was 2.75.


SHSE:603515's 5-Year Yield-on-Cost % is ranked better than
61.94% of 247 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.88 vs SHSE:603515: 3.88

Competitive Comparison of Opple Lighting Co's 5-Year Yield-on-Cost %

For the Furnishings, Fixtures & Appliances subindustry, Opple Lighting 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.


Opple Lighting Co's 5-Year Yield-on-Cost % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opple Lighting Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Opple Lighting 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 Opple Lighting Co is calculated as

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

Opple Lighting Co  (SHSE:603515) 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.


Opple Lighting Co 5-Year Yield-on-Cost % Related Terms

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Opple Lighting Co (SHSE:603515) Business Description

Traded in Other Exchanges
N/A
Address
The MIXC, Lane 1799, Wuzhong Road, Building 3, Minhang District, Shanghai, CHN, 201103
Opple Lighting Co Ltd is a China-based integrated lighting manufacturing company. It offers electrical appliances to large-scale commercial lighting solutions. The products of the company are LED light source, LED home luminaires and LED professional luminaires. Its other products range from lamps and ceiling fixtures to electrical appliances.

Opple Lighting Co (SHSE:603515) Headlines

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