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Gree Electric Appliances of Zhuhai (SZSE:000651) 5-Year Yield-on-Cost % : 2.28 (As of May. 06, 2024)


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What is Gree Electric Appliances of Zhuhai 5-Year Yield-on-Cost %?

Gree Electric Appliances of Zhuhai's yield on cost for the quarter that ended in Mar. 2024 was 2.28.


The historical rank and industry rank for Gree Electric Appliances of Zhuhai's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:000651' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.92   Med: 4.72   Max: 13.27
Current: 2.28


During the past 13 years, Gree Electric Appliances of Zhuhai's highest Yield on Cost was 13.27. The lowest was 0.92. And the median was 4.72.


SZSE:000651's 5-Year Yield-on-Cost % is ranked worse than
58.78% of 245 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.93 vs SZSE:000651: 2.28

Competitive Comparison of Gree Electric Appliances of Zhuhai's 5-Year Yield-on-Cost %

For the Furnishings, Fixtures & Appliances subindustry, Gree Electric Appliances of Zhuhai'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.


Gree Electric Appliances of Zhuhai's 5-Year Yield-on-Cost % Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Gree Electric Appliances of Zhuhai's 5-Year Yield-on-Cost % falls into.



Gree Electric Appliances of Zhuhai 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 Gree Electric Appliances of Zhuhai is calculated as

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

Gree Electric Appliances of Zhuhai  (SZSE:000651) 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.


Gree Electric Appliances of Zhuhai 5-Year Yield-on-Cost % Related Terms

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Gree Electric Appliances of Zhuhai (SZSE:000651) Business Description

Traded in Other Exchanges
N/A
Address
Jinji West Road, Qianshan, Guangdong Province, Zhuhai, CHN, 519070
Gree Electric Appliances Inc of Zhuhai is an international air conditioning enterprise. The company is engaged in household electrical appliances business including production and sale of air conditioners and its accessories, and small home appliances. It exports and imports goods and technologies; manufacturing and distribution of pumps, valves, compressors, fan motors, packaging equipment and other general-purpose equipment, electric motors, equipment for power transmission and distribution and control equipment.

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