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Innuovo Technology Co (SZSE:000795) 5-Year Yield-on-Cost % : 0.45 (As of May. 27, 2024)


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What is Innuovo Technology Co 5-Year Yield-on-Cost %?

Innuovo Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 0.45.


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

SZSE:000795' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.43   Med: 1.29   Max: 1.81
Current: 0.45


During the past 13 years, Innuovo Technology Co's highest Yield on Cost was 1.81. The lowest was 0.43. And the median was 1.29.


SZSE:000795's 5-Year Yield-on-Cost % is ranked worse than
91.86% of 307 companies
in the Metals & Mining industry
Industry Median: 3.09 vs SZSE:000795: 0.45

Competitive Comparison of Innuovo Technology Co's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Innuovo 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.


Innuovo Technology Co's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Innuovo Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Innuovo 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 Innuovo Technology Co is calculated as

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

Innuovo Technology Co  (SZSE:000795) 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.


Innuovo Technology Co 5-Year Yield-on-Cost % Related Terms

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Innuovo Technology Co (SZSE:000795) Business Description

Traded in Other Exchanges
N/A
Address
No. 147, Xinjinyu Road, 14th Floor, Shangdefeng International, Wanlin District, Shanxi Province, Taiyuan, CHN, 030024
Innuovo Technology Co Ltd produces a serial of brown fused alumna, as well as the production and sales of NdFeB. The products are exported to overseas markets.
Executives
Xu Xiao Hua Director
Li Bao Ping Director
Yao Xiang Sheng Directors, executives
Li Guo Ping Supervisors
Hu Tian Gao Director
Xu Ze Li Supervisors
Zhang Hong En Director

Innuovo Technology Co (SZSE:000795) Headlines

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