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Sichuan Anning Iron and Titanium Co (SZSE:002978) 5-Year Yield-on-Cost % : 2.93 (As of May. 20, 2024)


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What is Sichuan Anning Iron and Titanium Co 5-Year Yield-on-Cost %?

Sichuan Anning Iron and Titanium Co's yield on cost for the quarter that ended in Mar. 2024 was 2.93.


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

SZSE:002978' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.4   Med: 3.16   Max: 5.78
Current: 2.93


During the past 10 years, Sichuan Anning Iron and Titanium Co's highest Yield on Cost was 5.78. The lowest was 0.40. And the median was 3.16.


SZSE:002978's 5-Year Yield-on-Cost % is ranked worse than
50.33% of 304 companies
in the Metals & Mining industry
Industry Median: 3.075 vs SZSE:002978: 2.93

Competitive Comparison of Sichuan Anning Iron and Titanium Co's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Sichuan Anning Iron and Titanium 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.


Sichuan Anning Iron and Titanium Co's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sichuan Anning Iron and Titanium Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Sichuan Anning Iron and Titanium Co's 5-Year Yield-on-Cost % falls into.



Sichuan Anning Iron and Titanium 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 Sichuan Anning Iron and Titanium Co is calculated as

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

Sichuan Anning Iron and Titanium Co  (SZSE:002978) 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.


Sichuan Anning Iron and Titanium Co 5-Year Yield-on-Cost % Related Terms

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Sichuan Anning Iron and Titanium Co (SZSE:002978) Business Description

Traded in Other Exchanges
N/A
Address
Mikou Town, Miyi County, Panzhihua, CHN, 617200
Sichuan Anning Iron and Titanium Co Ltd is engaged in iron ore mining, washing, vanadium ilmenite concentrate, titanium concentrate, titanium middle ore and other mineral products.

Sichuan Anning Iron and Titanium Co (SZSE:002978) Headlines

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