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Yangling Metron New Material Co (SZSE:300861) 5-Year Yield-on-Cost % : 2.22 (As of Jun. 05, 2024)


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What is Yangling Metron New Material Co 5-Year Yield-on-Cost %?

Yangling Metron New Material Co's yield on cost for the quarter that ended in Mar. 2024 was 2.22.


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

SZSE:300861' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.51   Med: 1.31   Max: 2.51
Current: 2.22


During the past 9 years, Yangling Metron New Material Co's highest Yield on Cost was 2.51. The lowest was 0.51. And the median was 1.31.


SZSE:300861's 5-Year Yield-on-Cost % is ranked better than
52.89% of 1885 companies
in the Industrial Products industry
Industry Median: 2.08 vs SZSE:300861: 2.22

Competitive Comparison of Yangling Metron New Material Co's 5-Year Yield-on-Cost %

For the Specialty Industrial Machinery subindustry, Yangling Metron New 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.


Yangling Metron New Material Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yangling Metron New Material Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Yangling Metron New Material Co's 5-Year Yield-on-Cost % falls into.



Yangling Metron New 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 Yangling Metron New Material Co is calculated as

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

Yangling Metron New Material Co  (SZSE:300861) 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.


Yangling Metron New Material Co 5-Year Yield-on-Cost % Related Terms

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Yangling Metron New Material Co (SZSE:300861) Business Description

Traded in Other Exchanges
N/A
Address
East Section of Weihui Road, Block B5, Fuhai Industrial Park, Yangling Demonstration Zone, Shaanxi, CHN, 712100
Yangling Meichang New Materials Co Ltd is engaged in the research and development, production and sale of electroplated diamond wires and other diamond superhard tools.
Executives
Xing Guo Hua Supervisors
Jia Hai Bo Directors, executives

Yangling Metron New Material Co (SZSE:300861) Headlines

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