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Ruida Futures Co (SZSE:002961) 5-Year Yield-on-Cost % : 1.68 (As of May. 11, 2024)


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What is Ruida Futures Co 5-Year Yield-on-Cost %?

Ruida Futures Co's yield on cost for the quarter that ended in Mar. 2024 was 1.68.


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

SZSE:002961' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.53   Med: 1.39   Max: 2.5
Current: 1.68


During the past 12 years, Ruida Futures Co's highest Yield on Cost was 2.50. The lowest was 0.53. And the median was 1.39.


SZSE:002961's 5-Year Yield-on-Cost % is ranked worse than
67.42% of 356 companies
in the Capital Markets industry
Industry Median: 3.085 vs SZSE:002961: 1.68

Competitive Comparison of Ruida Futures Co's 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Ruida Futures 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.


Ruida Futures Co's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ruida Futures Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Ruida Futures 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 Ruida Futures Co is calculated as

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

Ruida Futures Co  (SZSE:002961) 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.


Ruida Futures Co 5-Year Yield-on-Cost % Related Terms

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Ruida Futures Co (SZSE:002961) Business Description

Traded in Other Exchanges
N/A
Address
No. 169, Tapu East Road, 13th Floor, Siming District, Fujian, Xiamen, CHN, 361008
Ruida Futures Co Ltd is engaged in providing financial services and products. Its business activities covers financial futures brokerage, commodity futures brokerage, futures investment consulting, asset management business, and conducts risk management service.

Ruida Futures Co (SZSE:002961) Headlines

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