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Tianshan Material Co (SZSE:000877) 5-Year Yield-on-Cost % : 9.30 (As of May. 05, 2024)


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What is Tianshan Material Co 5-Year Yield-on-Cost %?

Tianshan Material Co's yield on cost for the quarter that ended in Mar. 2024 was 9.30.


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

SZSE:000877' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.58   Med: 4.53   Max: 14.92
Current: 9.3


During the past 13 years, Tianshan Material Co's highest Yield on Cost was 14.92. The lowest was 0.58. And the median was 4.53.


SZSE:000877's 5-Year Yield-on-Cost % is ranked better than
81.78% of 236 companies
in the Building Materials industry
Industry Median: 3.715 vs SZSE:000877: 9.30

Competitive Comparison of Tianshan Material Co's 5-Year Yield-on-Cost %

For the Building Materials subindustry, Tianshan Material 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.


Tianshan Material Co's 5-Year Yield-on-Cost % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tianshan Material Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Tianshan Material 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 Tianshan Material Co is calculated as

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

Tianshan Material Co  (SZSE:000877) 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.


Tianshan Material Co 5-Year Yield-on-Cost % Related Terms

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Tianshan Material Co (SZSE:000877) Business Description

Traded in Other Exchanges
N/A
Address
Baiyanggou Village, Xinjiang Uygur Autonomous Region, Daban District, Urumqi, CHN, 830013
Xinjiang Tianshan Cement Co Ltd is a major cement producer in northwest China. It is mainly engaged in production, distribution, and research and development of ordinary cement.

Tianshan Material Co (SZSE:000877) Headlines

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