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China Steel (China Steel) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 25, 2024)


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What is China Steel 5-Year Yield-on-Cost %?

China Steel's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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


During the past 13 years, China Steel's highest Yield on Cost was 20.32. The lowest was 0.00. And the median was 5.76.


CISXF's 5-Year Yield-on-Cost % is not ranked *
in the Steel industry.
Industry Median: 3.46
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of China Steel's 5-Year Yield-on-Cost %

For the Steel subindustry, China Steel'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.


China Steel's 5-Year Yield-on-Cost % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Steel's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Steel's 5-Year Yield-on-Cost % falls into.



China Steel 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 China Steel is calculated as

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

China Steel  (OTCPK:CISXF) 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.


China Steel 5-Year Yield-on-Cost % Related Terms

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China Steel (China Steel) Business Description

Traded in Other Exchanges
Address
No. 1, Chung Kang Road, Siaogang District, Kaohsiung, TWN, 81233
China Steel Corp is a steelmaker in Taiwan. The company produces a range of products including plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, hot-dip galvanized coils, and Ti/Ni-base alloy.

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