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Inner Mongolia First Machinery Group Co (SHSE:600967) 5-Year Yield-on-Cost % : 27.10 (As of May. 23, 2024)


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What is Inner Mongolia First Machinery Group Co 5-Year Yield-on-Cost %?

Inner Mongolia First Machinery Group Co's yield on cost for the quarter that ended in Mar. 2024 was 27.10.


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

SHSE:600967' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.99   Med: 3.43   Max: 31.8
Current: 27.1


During the past 13 years, Inner Mongolia First Machinery Group Co's highest Yield on Cost was 31.80. The lowest was 0.99. And the median was 3.43.


SHSE:600967's 5-Year Yield-on-Cost % is ranked better than
99.29% of 141 companies
in the Aerospace & Defense industry
Industry Median: 1.17 vs SHSE:600967: 27.10

Competitive Comparison of Inner Mongolia First Machinery Group Co's 5-Year Yield-on-Cost %

For the Aerospace & Defense subindustry, Inner Mongolia First Machinery Group 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.


Inner Mongolia First Machinery Group Co's 5-Year Yield-on-Cost % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Inner Mongolia First Machinery Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Inner Mongolia First Machinery Group Co's 5-Year Yield-on-Cost % falls into.



Inner Mongolia First Machinery Group 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 Inner Mongolia First Machinery Group Co is calculated as

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

Inner Mongolia First Machinery Group Co  (SHSE:600967) 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.


Inner Mongolia First Machinery Group Co 5-Year Yield-on-Cost % Related Terms

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Inner Mongolia First Machinery Group Co (SHSE:600967) Business Description

Traded in Other Exchanges
N/A
Address
Democratic Road, Inner Mongolia Autonomous Region, Qingshan District, Baotou, CHN, 014030
Inner Mongolia First Machinery Group Co Ltd manufactures and distributes freight cars, gondola cars, tank cars, flatcars, boxcars, hopper cars, brake beams, bogies, and axles. The other business involves the research and development, sales, and manufacturing of railway trucks and parts, machinery equipment, and pressure vessels. The companies export region covers Asia, Africa, South America, and North America and other countries and regions.

Inner Mongolia First Machinery Group Co (SHSE:600967) Headlines

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