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Shanghai Zhongzhou Special Alloy Materials Co (SZSE:300963) 5-Year Yield-on-Cost % : 1.05 (As of May. 29, 2024)


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What is Shanghai Zhongzhou Special Alloy Materials Co 5-Year Yield-on-Cost %?

Shanghai Zhongzhou Special Alloy Materials Co's yield on cost for the quarter that ended in Mar. 2024 was 1.05.


The historical rank and industry rank for Shanghai Zhongzhou Special Alloy Materials Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:300963' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.42   Med: 0.85   Max: 1.51
Current: 1.05


During the past 11 years, Shanghai Zhongzhou Special Alloy Materials Co's highest Yield on Cost was 1.51. The lowest was 0.42. And the median was 0.85.


SZSE:300963's 5-Year Yield-on-Cost % is ranked worse than
68.48% of 1875 companies
in the Industrial Products industry
Industry Median: 2.06 vs SZSE:300963: 1.05

Competitive Comparison of Shanghai Zhongzhou Special Alloy Materials Co's 5-Year Yield-on-Cost %

For the Metal Fabrication subindustry, Shanghai Zhongzhou Special Alloy Materials 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.


Shanghai Zhongzhou Special Alloy Materials Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Zhongzhou Special Alloy Materials Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Shanghai Zhongzhou Special Alloy Materials Co's 5-Year Yield-on-Cost % falls into.



Shanghai Zhongzhou Special Alloy Materials 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 Shanghai Zhongzhou Special Alloy Materials Co is calculated as

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

Shanghai Zhongzhou Special Alloy Materials Co  (SZSE:300963) 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.


Shanghai Zhongzhou Special Alloy Materials Co 5-Year Yield-on-Cost % Related Terms

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Shanghai Zhongzhou Special Alloy Materials Co (SZSE:300963) Business Description

Traded in Other Exchanges
N/A
Address
580 Shisheng Road, Jiading Industrial Zone, Shanghai, CHN, 201815
Shanghai Zhongzhou Special Alloy Materials Co Ltd is engaged in the research, development, production and sales of cobalt-based/nickel-based high-temperature alloy materials and new materials. The company's products include castings, forgings, welding wires, powders, surfacing electrodes, precision machining, welding services, surfacing equipment and others.
Executives
Feng Ming Ming Director

Shanghai Zhongzhou Special Alloy Materials Co (SZSE:300963) Headlines

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