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Jinan Acetate Chemical Co (TPE:4763) 5-Year Yield-on-Cost % : 3.34 (As of May. 17, 2024)


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What is Jinan Acetate Chemical Co 5-Year Yield-on-Cost %?

Jinan Acetate Chemical Co's yield on cost for the quarter that ended in Mar. 2024 was 3.34.


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

TPE:4763' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.02   Med: 10.82   Max: 16.24
Current: 3.34


During the past 12 years, Jinan Acetate Chemical Co's highest Yield on Cost was 16.24. The lowest was 2.02. And the median was 10.82.


TPE:4763's 5-Year Yield-on-Cost % is ranked better than
63.2% of 1049 companies
in the Chemicals industry
Industry Median: 2.36 vs TPE:4763: 3.34

Competitive Comparison of Jinan Acetate Chemical Co's 5-Year Yield-on-Cost %

For the Chemicals subindustry, Jinan Acetate Chemical 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.


Jinan Acetate Chemical Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jinan Acetate Chemical Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Jinan Acetate Chemical 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 Jinan Acetate Chemical Co is calculated as

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

Jinan Acetate Chemical Co  (TPE:4763) 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.


Jinan Acetate Chemical Co 5-Year Yield-on-Cost % Related Terms

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Jinan Acetate Chemical Co (TPE:4763) Business Description

Traded in Other Exchanges
N/A
Address
No.7 of Taixing East Street, Jiyang County, Shandong Province, Jinan, CHN
Jinan Acetate Chemical Co Ltd is a chemical company based in China. The company is engaged in the manufacturing and sales of cellulose acetate products. It derives a majority of its revenue from Cellulose acetate tow products. Geographically, it generates maximum revenue from Asia and also has a presence in America, Africa, and Other Countries.

Jinan Acetate Chemical Co (TPE:4763) Headlines

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