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Zhejiang Expressway Co (Zhejiang Expressway Co) 5-Year Yield-on-Cost % : 4.92 (As of May. 06, 2024)


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

Zhejiang Expressway Co's yield on cost for the quarter that ended in Dec. 2023 was 4.92.


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

ZHEXY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.45   Med: 6.53   Max: 10.09
Current: 4.92


During the past 13 years, Zhejiang Expressway Co's highest Yield on Cost was 10.09. The lowest was 3.45. And the median was 6.53.


ZHEXY's 5-Year Yield-on-Cost % is ranked better than
87.17% of 951 companies
in the Construction industry
Industry Median: 3.26 vs ZHEXY: 4.92

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

For the Infrastructure Operations subindustry, Zhejiang Expressway 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 Expressway Co's 5-Year Yield-on-Cost % Distribution in the Construction Industry

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

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



Zhejiang Expressway 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 Expressway Co is calculated as

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

Zhejiang Expressway Co  (OTCPK:ZHEXY) 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 Expressway Co 5-Year Yield-on-Cost % Related Terms

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Zhejiang Expressway Co (Zhejiang Expressway Co) Business Description

Traded in Other Exchanges
Address
199 Wuxing Road, 5th Floor, No. 2, Mingzhu International Business Center, Zhejiang Province, Hangzhou, CHN, 310020
Zhejiang Expressway Co Ltd is a Chinese infrastructure company which, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll road business, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next most significant segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of revenue domestically.

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