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Shandong Head Group Co (SZSE:002810) 5-Year Yield-on-Cost % : 2.23 (As of Jun. 10, 2024)


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What is Shandong Head Group Co 5-Year Yield-on-Cost %?

Shandong Head Group Co's yield on cost for the quarter that ended in Mar. 2024 was 2.23.


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

SZSE:002810' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.17   Med: 0.65   Max: 2.42
Current: 2.23


During the past 13 years, Shandong Head Group Co's highest Yield on Cost was 2.42. The lowest was 0.17. And the median was 0.65.


SZSE:002810's 5-Year Yield-on-Cost % is ranked worse than
51.22% of 1064 companies
in the Chemicals industry
Industry Median: 2.36 vs SZSE:002810: 2.23

Competitive Comparison of Shandong Head Group Co's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Shandong Head Group 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.


Shandong Head Group Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Head Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Shandong Head Group 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 Shandong Head Group Co is calculated as

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

Shandong Head Group Co  (SZSE:002810) 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.


Shandong Head Group Co 5-Year Yield-on-Cost % Related Terms

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Shandong Head Group Co (SZSE:002810) Business Description

Traded in Other Exchanges
N/A
Address
No. 999 Heda Road, Shandong Province, Zhoucun District, Zibo, CHN, 255300
Shandong Head Group Co Ltd is engaged in research and development, production and sales of water-soluble polymer compounds. Its products include cellulose ether series products, graphite chemical equipment, HPMC plant capsules, trimethyl orthoacetate, diacetone acrylamide. The company has two production divisions, the Cellulose Ether Division and the Graphite Equipment Division.
Executives
Bi Song Ling Directors, Directors, and Executives
Qiu Jian Jun Executives
Yang Bing Sheng Executives
Bi Si Xin Executives
Yang Bing Gang Director
Tan Zai Ying Directors, executives
Cui Ling Executives
Hu Li Li Securities Affairs Representative
Bi Xin De Director
Bi Yu Zhuang Supervisors

Shandong Head Group Co (SZSE:002810) Headlines

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