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JL Mag Rare-Earth Co (SZSE:300748) 5-Year Yield-on-Cost % : 1.69 (As of May. 06, 2024)


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What is JL Mag Rare-Earth Co 5-Year Yield-on-Cost %?

JL Mag Rare-Earth Co's yield on cost for the quarter that ended in Mar. 2024 was 1.69.


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

SZSE:300748' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.15   Med: 0.34   Max: 1.84
Current: 1.69


During the past 11 years, JL Mag Rare-Earth Co's highest Yield on Cost was 1.84. The lowest was 0.15. And the median was 0.34.


SZSE:300748's 5-Year Yield-on-Cost % is ranked worse than
55.52% of 1848 companies
in the Industrial Products industry
Industry Median: 2.07 vs SZSE:300748: 1.69

Competitive Comparison of JL Mag Rare-Earth Co's 5-Year Yield-on-Cost %

For the Metal Fabrication subindustry, JL Mag Rare-Earth 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.


JL Mag Rare-Earth Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JL Mag Rare-Earth Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where JL Mag Rare-Earth Co's 5-Year Yield-on-Cost % falls into.



JL Mag Rare-Earth 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 JL Mag Rare-Earth Co is calculated as

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

JL Mag Rare-Earth Co  (SZSE:300748) 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.


JL Mag Rare-Earth Co 5-Year Yield-on-Cost % Related Terms

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JL Mag Rare-Earth Co (SZSE:300748) Business Description

Traded in Other Exchanges
Address
81 West Jinling Road, Economic and Technological Development Zone, Jiangxi Province, Ganzhou, CHN, 341000
JL Mag Rare-Earth, or JL Mag, is a leading global producer of high-performance rare earth permanent magnets, or REPMs. JL Mag focuses on the production and sale of NdFeB PMs, the most widely used type of REPMs, mainly made from an alloy of neodymium (Nd), iron (Fe) and boron (B). The company is ranked first in the world by high-performance REPMs, according to Frost & Sullivan. JL Mag is also ranked first in the global grain boundary diffusion, or GBD, REPMs market. Its products have a wide array of applications, mainly in new energy vehicles, or NEVs, automotive parts, wind turbine generators, energy-saving variable-frequency air-conditioners, or VFACs.

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