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Shenzhen Senior Technology Material Co (SZSE:300568) 5-Year Yield-on-Cost % : 1.21 (As of May. 15, 2024)


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What is Shenzhen Senior Technology Material Co 5-Year Yield-on-Cost %?

Shenzhen Senior Technology Material Co's yield on cost for the quarter that ended in Mar. 2024 was 1.21.


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

SZSE:300568' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.13   Med: 0.88   Max: 2.05
Current: 1.21


During the past 12 years, Shenzhen Senior Technology Material Co's highest Yield on Cost was 2.05. The lowest was 0.13. And the median was 0.88.


SZSE:300568's 5-Year Yield-on-Cost % is ranked worse than
68.25% of 1052 companies
in the Chemicals industry
Industry Median: 2.355 vs SZSE:300568: 1.21

Competitive Comparison of Shenzhen Senior Technology Material Co's 5-Year Yield-on-Cost %

For the Chemicals subindustry, Shenzhen Senior Technology Material 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.


Shenzhen Senior Technology Material Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenzhen Senior Technology Material Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Shenzhen Senior Technology Material 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 Shenzhen Senior Technology Material Co is calculated as

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

Shenzhen Senior Technology Material Co  (SZSE:300568) 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.


Shenzhen Senior Technology Material Co 5-Year Yield-on-Cost % Related Terms

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Shenzhen Senior Technology Material Co (SZSE:300568) Business Description

Traded in Other Exchanges
N/A
Address
North of the Garden Road, Gongming Office, Guangming New District, Guangdong Province, Shenzhen, CHN, 518078
Shenzhen Senior Technology Material Co Ltd is operating in the lithium battery separator industry. The company is mainly focused on the research, development, production, sales and service of lithium battery separators. The company's product portfolio includes SQ's high strength dry process, SW's wet process, SH's ceramic coating Products and SJ's polymer coating. Its products are widely used in new energy vehicles, digital products, energy storage power stations, aerospace, electric tools and other fields.

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