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Dirui Industrial Co (SZSE:300396) 5-Year Yield-on-Cost % : 4.97 (As of May. 08, 2024)


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What is Dirui Industrial Co 5-Year Yield-on-Cost %?

Dirui Industrial Co's yield on cost for the quarter that ended in Mar. 2024 was 4.97.


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

SZSE:300396' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.08   Med: 3.48   Max: 9.27
Current: 4.97


During the past 13 years, Dirui Industrial Co's highest Yield on Cost was 9.27. The lowest was 1.08. And the median was 3.48.


SZSE:300396's 5-Year Yield-on-Cost % is ranked better than
73.61% of 72 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.265 vs SZSE:300396: 4.97

Competitive Comparison of Dirui Industrial Co's 5-Year Yield-on-Cost %

For the Diagnostics & Research subindustry, Dirui Industrial 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.


Dirui Industrial Co's 5-Year Yield-on-Cost % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Dirui Industrial Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Dirui Industrial 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 Dirui Industrial Co is calculated as

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

Dirui Industrial Co  (SZSE:300396) 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.


Dirui Industrial Co 5-Year Yield-on-Cost % Related Terms

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Dirui Industrial Co (SZSE:300396) Business Description

Traded in Other Exchanges
N/A
Address
3333 Yiju Street, New&High Tech. Development Zone, Jilin, Changchun, CHN, 130103
Dirui Industrial Co Ltd is a supplier of laboratory solutions. It is engaged in research and development, manufacturing, and sales of diagnostic products including laboratory equipment and clinical diagnostic reagents. Dirui's collective product portfolio represents complete laboratory solutions for the in-vitro diagnostic areas of hematology, clinical chemistry, and urinalysis. The company offers chemistry, hematology, urine, and vaginal infection analyzers. It also provides reagents and consumables, such as chemical reagents and detergents, chemistry quality controls/calibrators, ISE reagents, hematology analyzer reagents, urine sediment analyzer reagents, urinalysis controls and strips, and automatic urine analyzer detergents.

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