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MediNet Group (HKSE:08161) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 09, 2024)


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What is MediNet Group 5-Year Yield-on-Cost %?

MediNet Group's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


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


During the past 10 years, MediNet Group's highest Yield on Cost was 0.86. The lowest was 0.00. And the median was 0.55.


HKSE:08161's 5-Year Yield-on-Cost % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.58
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Medical Care Facilities subindustry, MediNet 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.


MediNet Group's 5-Year Yield-on-Cost % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MediNet Group's 5-Year Yield-on-Cost % distribution charts can be found below:

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



MediNet 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 MediNet Group is calculated as

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

MediNet Group  (HKSE:08161) 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.


MediNet Group 5-Year Yield-on-Cost % Related Terms

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MediNet Group (HKSE:08161) Business Description

Traded in Other Exchanges
N/A
Address
18 Whitfield Road, Causeway Bay, Unit 3601, 36th Floor, Citicorp Centre, Hong Kong, HKG
MediNet Group Ltd is a provider of corporate healthcare solutions in Hong Kong. The company's operating segment includes Dental business and Medical business. The Dental segment offer dental solutions and dental services by dental clinics owned and operated by the group. Its Medical segment provide outpatient general services and men's health treatments services. It offers services to both plan members and self-paid patient. The company generates revenue by providing Dental business.
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