GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zhejiang Tiantie Industry Co Ltd (SZSE:300587) » Definitions » 5-Year Yield-on-Cost %

Zhejiang Tiantie Industry Co (SZSE:300587) 5-Year Yield-on-Cost % : 1.62 (As of May. 21, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Zhejiang Tiantie Industry Co 5-Year Yield-on-Cost %?

Zhejiang Tiantie Industry Co's yield on cost for the quarter that ended in Mar. 2024 was 1.62.


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

SZSE:300587' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.93   Med: 1.75   Max: 4.6
Current: 1.62


During the past 13 years, Zhejiang Tiantie Industry Co's highest Yield on Cost was 4.60. The lowest was 0.93. And the median was 1.75.


SZSE:300587's 5-Year Yield-on-Cost % is ranked worse than
76.92% of 624 companies
in the Transportation industry
Industry Median: 3.375 vs SZSE:300587: 1.62

Competitive Comparison of Zhejiang Tiantie Industry Co's 5-Year Yield-on-Cost %

For the Railroads subindustry, Zhejiang Tiantie Industry 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.


Zhejiang Tiantie Industry Co's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Zhejiang Tiantie Industry Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Zhejiang Tiantie Industry 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 Zhejiang Tiantie Industry Co is calculated as

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

Zhejiang Tiantie Industry Co  (SZSE:300587) 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.


Zhejiang Tiantie Industry Co 5-Year Yield-on-Cost % Related Terms

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


Zhejiang Tiantie Industry Co (SZSE:300587) Business Description

Traded in Other Exchanges
N/A
Address
No.928, Renmin East Road, Tiantai County, Zhejiang Province, Taizhou, CHN, 317200
Zhejiang Tiantie Industry Co Ltd provides engineering rubber products. The company manufactures and sells industrial rubber goods, rubberized fabrics, and other rubber products. It offers track structures, such as rails, sleepers, and ballast; vibration damping products; isolated rubber damping pads; embedded rubber crossing boards and plates; conveyor belts; elastic components; and sealing products and other rubber products.

Zhejiang Tiantie Industry Co (SZSE:300587) Headlines

No Headlines