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Modern Dental Group (HKSE:03600) 5-Year Yield-on-Cost % : 10.79 (As of Jun. 06, 2024)


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What is Modern Dental Group 5-Year Yield-on-Cost %?

Modern Dental Group's yield on cost for the quarter that ended in Dec. 2023 was 10.79.


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

HKSE:03600' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.75   Med: 8.29   Max: 22.61
Current: 10.79


During the past 10 years, Modern Dental Group's highest Yield on Cost was 22.61. The lowest was 0.75. And the median was 8.29.


HKSE:03600's 5-Year Yield-on-Cost % is ranked better than
88.71% of 310 companies
in the Medical Devices & Instruments industry
Industry Median: 2.15 vs HKSE:03600: 10.79

Competitive Comparison of Modern Dental Group's 5-Year Yield-on-Cost %

For the Medical Instruments & Supplies subindustry, Modern Dental Group'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.


Modern Dental Group's 5-Year Yield-on-Cost % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Modern Dental Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Modern Dental Group's 5-Year Yield-on-Cost % falls into.



Modern Dental Group 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 Modern Dental Group is calculated as

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

Modern Dental Group  (HKSE:03600) 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.


Modern Dental Group 5-Year Yield-on-Cost % Related Terms

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Modern Dental Group (HKSE:03600) Business Description

Traded in Other Exchanges
Address
77 Wing Hong Street, Room 01-07, 09-16, 17th Floor, CEO Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Modern Dental Group Ltd, along with its subsidiaries, is engaged in providing dental prosthetic devices. Its product portfolio is categorized into three segments, Fixed prosthetic devices such as crowns and bridges; Removable prosthetic devices such as removable dentures; and Other devices such as orthodontic devices, sports guards, and anti-snoring devices, raw materials, dental equipment, and services of educational events and seminars rendered. It generates a majority of the revenue from the sale of the Fixed prosthetic devices segment. Its geographical segments are Europe, North America, Australia, Greater China, and other countries.
Executives
Chan Kwun Fung
Chan Kwun Pan
Ngai Shing Kin
Ngai Chi Ho Alwin
Triera Holdings Limited 2101 Beneficial owner
Ncha Holdings Limited 2101 Beneficial owner

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