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Henan Liliang Diamond Co (SZSE:301071) 5-Year Yield-on-Cost % : 3.22 (As of May. 25, 2024)


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What is Henan Liliang Diamond Co 5-Year Yield-on-Cost %?

Henan Liliang Diamond Co's yield on cost for the quarter that ended in Mar. 2024 was 3.22.


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

SZSE:301071' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.43   Med: 1.28   Max: 3.97
Current: 3.22


During the past 7 years, Henan Liliang Diamond Co's highest Yield on Cost was 3.97. The lowest was 0.43. And the median was 1.28.


SZSE:301071's 5-Year Yield-on-Cost % is ranked better than
51.68% of 565 companies
in the Retail - Cyclical industry
Industry Median: 2.94 vs SZSE:301071: 3.22

Competitive Comparison of Henan Liliang Diamond Co's 5-Year Yield-on-Cost %

For the Luxury Goods subindustry, Henan Liliang Diamond 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.


Henan Liliang Diamond Co's 5-Year Yield-on-Cost % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Henan Liliang Diamond Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Henan Liliang Diamond 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 Henan Liliang Diamond Co is calculated as

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

Henan Liliang Diamond Co  (SZSE:301071) 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.


Henan Liliang Diamond Co 5-Year Yield-on-Cost % Related Terms

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Henan Liliang Diamond Co (SZSE:301071) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Cluster Area, Zhecheng County, Henan Province, Shangqiu, CHN, 476200
Henan Province Liliang Diamond Co Ltd is engaged in the research and development, production, sales, import and export of synthetic diamond and superhard material products.
Executives
Shao Zeng Ming Director

Henan Liliang Diamond Co (SZSE:301071) Headlines

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