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Changzhou Almaden Co (SZSE:002623) 5-Year Yield-on-Cost % : 2.81 (As of Jun. 06, 2024)


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What is Changzhou Almaden Co 5-Year Yield-on-Cost %?

Changzhou Almaden Co's yield on cost for the quarter that ended in Mar. 2024 was 2.81.


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

SZSE:002623' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.05   Med: 0.16   Max: 2.82
Current: 2.81


During the past 13 years, Changzhou Almaden Co's highest Yield on Cost was 2.82. The lowest was 0.05. And the median was 0.16.


SZSE:002623's 5-Year Yield-on-Cost % is ranked better than
60.74% of 540 companies
in the Semiconductors industry
Industry Median: 1.825 vs SZSE:002623: 2.81

Competitive Comparison of Changzhou Almaden Co's 5-Year Yield-on-Cost %

For the Solar subindustry, Changzhou Almaden 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.


Changzhou Almaden Co's 5-Year Yield-on-Cost % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Changzhou Almaden Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Changzhou Almaden 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 Changzhou Almaden Co is calculated as

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

Changzhou Almaden Co  (SZSE:002623) 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.


Changzhou Almaden Co 5-Year Yield-on-Cost % Related Terms

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Changzhou Almaden Co (SZSE:002623) Business Description

Traded in Other Exchanges
N/A
Address
No. 639, Qinglong East Road, Jiangsu Province, Changzhou, CHN, 213021
Changzhou Almaden Co Ltd is a China based company engaged in the business of producing anti-reflective coated (ARC) glass and ultrathin physically tempered glass. It manufactures solar glass, ultrathin thermal tempered glass, POE films, junction box, ultrathin electronics glass, cover glass, and others. The company sells its products in China and other international countries.
Executives
Shi Xu Song Executives
Lin Jin Xi Director
Zhou Guo Lai Independent director

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