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MingZhu Logistics Holdings (MingZhu Logistics Holdings) 5-Year Yield-on-Cost % : 0.00 (As of May. 26, 2024)


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What is MingZhu Logistics Holdings 5-Year Yield-on-Cost %?

MingZhu Logistics Holdings's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



YGMZ's 5-Year Yield-on-Cost % is not ranked *
in the Transportation industry.
Industry Median: 3.43
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of MingZhu Logistics Holdings's 5-Year Yield-on-Cost %

For the Trucking subindustry, MingZhu Logistics Holdings'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.


MingZhu Logistics Holdings's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MingZhu Logistics Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where MingZhu Logistics Holdings's 5-Year Yield-on-Cost % falls into.



MingZhu Logistics Holdings 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 MingZhu Logistics Holdings is calculated as

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

MingZhu Logistics Holdings  (NAS:YGMZ) 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.


MingZhu Logistics Holdings 5-Year Yield-on-Cost % Related Terms

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MingZhu Logistics Holdings (MingZhu Logistics Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 3018 Shayan Road, 27F, Yantian Modern Industry Service Center, Yantian District, Guangdong, Shenzhen, CHN, 518081
MingZhu Logistics Holdings Ltd provides transportation and logistics services. The firm offers 3A-grade trucking services in China. It operates a self-owned truckload fleet with more than 130 tractors and 90 trailers. The firm's transportation services are operated out of two terminals: Guangdong region, and Xinjiang region. The company's customers include sizeable logistics companies, freight forwarders, and warehouse operators. The firm derives its key revenue from the trucking service business.