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Zhejiang RIFA Precision Machinery Co (SZSE:002520) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 08, 2024)


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What is Zhejiang RIFA Precision Machinery Co 5-Year Yield-on-Cost %?

Zhejiang RIFA Precision Machinery Co's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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


During the past 13 years, Zhejiang RIFA Precision Machinery Co's highest Yield on Cost was 5.98. The lowest was 0.00. And the median was 0.75.


SZSE:002520's 5-Year Yield-on-Cost % is not ranked *
in the Industrial Products industry.
Industry Median: 2.14
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Zhejiang RIFA Precision Machinery Co's 5-Year Yield-on-Cost %

For the Business Equipment & Supplies subindustry, Zhejiang RIFA Precision Machinery 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.


Zhejiang RIFA Precision Machinery Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang RIFA Precision Machinery Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhejiang RIFA Precision Machinery Co's 5-Year Yield-on-Cost % falls into.



Zhejiang RIFA Precision Machinery 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 Zhejiang RIFA Precision Machinery Co is calculated as

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

Zhejiang RIFA Precision Machinery Co  (SZSE:002520) 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.


Zhejiang RIFA Precision Machinery Co 5-Year Yield-on-Cost % Related Terms

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Zhejiang RIFA Precision Machinery Co (SZSE:002520) Business Description

Traded in Other Exchanges
N/A
Address
Nanyan Industry Zone, Zhejiang Province, Xinchang, CHN, 312500
Zhejiang RIFA Precision Machinery Co Ltd is a China-based company engaged in the manufacturing and distribution of computer numerical control (CNC) machine tools. It provides CNC lathes, CNC grinding machines, vertical machining centers, horizontal machining centers, as well as gantry machining centers, among others. It offers its products under the brand name RIFA. The company distributes its products within domestic market and to overseas markets.
Executives
Wang Ben Shan Directors, executives
Huang Lin Jun Supervisors
Wu Jie Director
Wang Ji Director
Dong Yi Guang Supervisors

Zhejiang RIFA Precision Machinery Co (SZSE:002520) Headlines

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