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Daedong Metals Co (XKRX:020400) 5-Year Yield-on-Cost % : 0.71 (As of Jun. 11, 2024)


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What is Daedong Metals Co 5-Year Yield-on-Cost %?

Daedong Metals Co's yield on cost for the quarter that ended in Mar. 2024 was 0.71.


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

XKRX:020400' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.39   Med: 0.65   Max: 1.4
Current: 0.71


During the past 13 years, Daedong Metals Co's highest Yield on Cost was 1.40. The lowest was 0.39. And the median was 0.65.


XKRX:020400's 5-Year Yield-on-Cost % is ranked worse than
79.89% of 1900 companies
in the Industrial Products industry
Industry Median: 2.13 vs XKRX:020400: 0.71

Competitive Comparison of Daedong Metals Co's 5-Year Yield-on-Cost %

For the Metal Fabrication subindustry, Daedong Metals 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.


Daedong Metals Co's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

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

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



Daedong Metals 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 Daedong Metals Co is calculated as

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

Daedong Metals Co  (XKRX:020400) 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.


Daedong Metals Co 5-Year Yield-on-Cost % Related Terms

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Daedong Metals Co (XKRX:020400) Business Description

Traded in Other Exchanges
N/A
Address
602 Nongong-ro, Nongong-eub, Dalsung -gun, Daegu, KOR
Daedong Metals Co Ltd is engaged in producing and selling casting parts for agricultural machinery, heavy equipment, and automotive markets in South Korea. Its automotive parts include cylinder heads and blocks; agricultural machinery parts comprise cylinder heads and blocks, clutch housings, middle cases, transmission cases, and hydraulic cylinders; and construction equipment parts consist of valve blocks, MCVs, shaft, and valve casings, cylinder blocks, and main and pump cases. The company also offers other parts, such as housings and flywheel housings.

Daedong Metals Co (XKRX:020400) Headlines

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