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CICT Mobile Communication Technology Co (SHSE:688387) 5-Year Yield-on-Cost % : 0.00 (As of May. 23, 2024)


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What is CICT Mobile Communication Technology Co 5-Year Yield-on-Cost %?

CICT Mobile Communication Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



SHSE:688387's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 2.72
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of CICT Mobile Communication Technology Co's 5-Year Yield-on-Cost %

For the Communication Equipment subindustry, CICT Mobile Communication Technology 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.


CICT Mobile Communication Technology Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CICT Mobile Communication Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where CICT Mobile Communication Technology Co's 5-Year Yield-on-Cost % falls into.



CICT Mobile Communication Technology 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 CICT Mobile Communication Technology Co is calculated as

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

CICT Mobile Communication Technology Co  (SHSE:688387) 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.


CICT Mobile Communication Technology Co 5-Year Yield-on-Cost % Related Terms

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CICT Mobile Communication Technology Co (SHSE:688387) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Post University Road, East Lake New Technology Development Zone, Hubei Province, Wuhan, CHN, 430074
CICT Mobile Communication Technology Co Ltd is engaged in the development, application and service of mobile communication technology.

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