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Luzhou Laojiao Co (SZSE:000568) 5-Year Yield-on-Cost % : 7.71 (As of May. 05, 2024)


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What is Luzhou Laojiao Co 5-Year Yield-on-Cost %?

Luzhou Laojiao Co's yield on cost for the quarter that ended in Mar. 2024 was 7.71.


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

SZSE:000568' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.73   Med: 6.69   Max: 38.65
Current: 7.71


During the past 13 years, Luzhou Laojiao Co's highest Yield on Cost was 38.65. The lowest was 1.73. And the median was 6.69.


SZSE:000568's 5-Year Yield-on-Cost % is ranked better than
83.11% of 148 companies
in the Beverages - Alcoholic industry
Industry Median: 3.385 vs SZSE:000568: 7.71

Competitive Comparison of Luzhou Laojiao Co's 5-Year Yield-on-Cost %

For the Beverages - Wineries & Distilleries subindustry, Luzhou Laojiao 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.


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

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

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



Luzhou Laojiao 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 Luzhou Laojiao Co is calculated as

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

Luzhou Laojiao Co  (SZSE:000568) 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.


Luzhou Laojiao Co 5-Year Yield-on-Cost % Related Terms

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Luzhou Laojiao Co (SZSE:000568) Business Description

Traded in Other Exchanges
N/A
Address
Nanguang road, Luzhou Laojiao Marketing Network Command Center, Longmatan District, Sichuan Province, Luzhou, CHN, 646000
Luzhou Laojiao, or Laojiao, is one of China's leading premium baijiu producers. Its primary product, National Cellar 1573, is widely known as one of the best rich-flavored baijiu in the market, which together with Feitian Moutai and flagship Wuliangye are the top three premium products that dominate more than 90% of the high-end baijiu market. The high-quality products, extensive history, and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins. The State-Owned Assets Supervision and Administration Commission of Luzhou City controls 46% of Luzhou Laojiao.

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