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Hicon Network Technology (Shandong) Co (SZSE:301262) 5-Year Yield-on-Cost % : 3.33 (As of May. 13, 2024)


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What is Hicon Network Technology (Shandong) Co 5-Year Yield-on-Cost %?

Hicon Network Technology (Shandong) Co's yield on cost for the quarter that ended in Mar. 2024 was 3.33.


The historical rank and industry rank for Hicon Network Technology (Shandong) Co's 5-Year Yield-on-Cost % or its related term are showing as below:

SZSE:301262' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.58   Med: 3.06   Max: 3.63
Current: 3.33


During the past 7 years, Hicon Network Technology (Shandong) Co's highest Yield on Cost was 3.63. The lowest was 2.58. And the median was 3.06.


SZSE:301262's 5-Year Yield-on-Cost % is ranked better than
50.77% of 388 companies
in the Media - Diversified industry
Industry Median: 3.15 vs SZSE:301262: 3.33

Competitive Comparison of Hicon Network Technology (Shandong) Co's 5-Year Yield-on-Cost %

For the Broadcasting subindustry, Hicon Network Technology (Shandong) 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.


Hicon Network Technology (Shandong) Co's 5-Year Yield-on-Cost % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hicon Network Technology (Shandong) Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Hicon Network Technology (Shandong) Co's 5-Year Yield-on-Cost % falls into.



Hicon Network Technology (Shandong) 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 Hicon Network Technology (Shandong) Co is calculated as

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

Hicon Network Technology (Shandong) Co  (SZSE:301262) 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.


Hicon Network Technology (Shandong) Co 5-Year Yield-on-Cost % Related Terms

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Hicon Network Technology (Shandong) Co (SZSE:301262) Business Description

Traded in Other Exchanges
N/A
Address
No. 18567, Jingshi Road, 6th Floor, New Radio and Television Center Building, Shandong Province, Jinan, CHN, 250062
Hicon Network Technology (Shandong) Co Ltd exclusively operate the operating business related to Shandong IPTV integrated broadcast control.

Hicon Network Technology (Shandong) Co (SZSE:301262) Headlines

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