GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chokwang Paint Ltd (XKRX:004910) » Definitions » 5-Year Yield-on-Cost %

Chokwang Paint (XKRX:004910) 5-Year Yield-on-Cost % : 3.28 (As of Jun. 10, 2024)


View and export this data going back to 1976. Start your Free Trial

What is Chokwang Paint 5-Year Yield-on-Cost %?

Chokwang Paint's yield on cost for the quarter that ended in Mar. 2024 was 3.28.


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

XKRX:004910' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.91   Med: 2.5   Max: 6.65
Current: 3.28


During the past 13 years, Chokwang Paint's highest Yield on Cost was 6.65. The lowest was 0.91. And the median was 2.50.


XKRX:004910's 5-Year Yield-on-Cost % is ranked better than
61.56% of 1064 companies
in the Chemicals industry
Industry Median: 2.36 vs XKRX:004910: 3.28

Competitive Comparison of Chokwang Paint's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Chokwang Paint'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.


Chokwang Paint's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chokwang Paint's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Chokwang Paint's 5-Year Yield-on-Cost % falls into.



Chokwang Paint 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 Chokwang Paint is calculated as

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

Chokwang Paint  (XKRX:004910) 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.


Chokwang Paint 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Chokwang Paint's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Chokwang Paint (XKRX:004910) Business Description

Traded in Other Exchanges
N/A
Address
379-1 Samrak-dong, Sasang-gu, Busan, KOR, 617-070
Chokwang Paint Ltd is a South Korean company engaged in manufacturing of general paints and similar products. The products of the company are floor paint, water repellent, residential paint, industrial paint, and carpentry paint.

Chokwang Paint (XKRX:004910) Headlines

No Headlines