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Northking Information Technology Co (SZSE:002987) 5-Year Yield-on-Cost % : 1.55 (As of May. 30, 2024)


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What is Northking Information Technology Co 5-Year Yield-on-Cost %?

Northking Information Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 1.55.


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

SZSE:002987' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.31   Med: 0.5   Max: 1.55
Current: 1.55


During the past 8 years, Northking Information Technology Co's highest Yield on Cost was 1.55. The lowest was 0.31. And the median was 0.50.


SZSE:002987's 5-Year Yield-on-Cost % is ranked worse than
61.12% of 944 companies
in the Software industry
Industry Median: 2.27 vs SZSE:002987: 1.55

Competitive Comparison of Northking Information Technology Co's 5-Year Yield-on-Cost %

For the Information Technology Services subindustry, Northking Information Technology 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.


Northking Information Technology Co's 5-Year Yield-on-Cost % Distribution in the Software Industry

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

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



Northking Information Technology 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 Northking Information Technology Co is calculated as

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

Northking Information Technology Co  (SZSE:002987) 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.


Northking Information Technology Co 5-Year Yield-on-Cost % Related Terms

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Northking Information Technology Co (SZSE:002987) Business Description

Traded in Other Exchanges
N/A
Address
No. 25 West Third Ring North Road, 7th Floor, Haidian District, Beijing, CHN, 100089
Northking Information Technology Co Ltd is a provider of information technology services and business process outsourcing services to banking-based financial institutions. The company's services include technology development, technology promotion, technology transfer, technology consulting, technical services; computer technology training; computer system services; data processing; computer maintenance; basic software services, application software services; accepting financial information technology outsourcing services entrusted by financial institutions, entrusting financial institutions with financial business process outsourcing services, entrusting financial institutions with financial knowledge process outsourcing services, among others.
Executives
Ding Zhi Peng Director
Zhao Long Hu Directors, executives

Northking Information Technology Co (SZSE:002987) Headlines

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