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GRG Metrology & Test Group Co (SZSE:002967) 5-Year Yield-on-Cost % : 0.99 (As of May. 06, 2024)


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What is GRG Metrology & Test Group Co 5-Year Yield-on-Cost %?

GRG Metrology & Test Group Co's yield on cost for the quarter that ended in Mar. 2024 was 0.99.


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

SZSE:002967' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.27   Med: 0.73   Max: 1.41
Current: 0.99


During the past 12 years, GRG Metrology & Test Group Co's highest Yield on Cost was 1.41. The lowest was 0.27. And the median was 0.73.


SZSE:002967's 5-Year Yield-on-Cost % is ranked worse than
87.39% of 587 companies
in the Business Services industry
Industry Median: 3.55 vs SZSE:002967: 0.99

Competitive Comparison of GRG Metrology & Test Group Co's 5-Year Yield-on-Cost %

For the Consulting Services subindustry, GRG Metrology & Test 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.


GRG Metrology & Test Group Co's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GRG Metrology & Test Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where GRG Metrology & Test Group Co's 5-Year Yield-on-Cost % falls into.



GRG Metrology & Test 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 GRG Metrology & Test Group Co is calculated as

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

GRG Metrology & Test Group Co  (SZSE:002967) 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.


GRG Metrology & Test Group Co 5-Year Yield-on-Cost % Related Terms

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GRG Metrology & Test Group Co (SZSE:002967) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Qishan Road, Room 150, Shiqi Town, Panyu District, Guangdong Province, Guangzhou, CHN, 510656
GRG Metrology & Test Group Co Ltd is devoted to standards compiling, product testing and certification, analysis and assessment, consulting and training, test equipment and software research and development, providing state of the art services to various industries including automotive, traffic and rail, communication and electric power and others.

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