GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Changzhou Tonghui Electronic Co Ltd (BJSE:833509) » Definitions » 5-Year Yield-on-Cost %

Changzhou Tonghui Electronic Co (BJSE:833509) 5-Year Yield-on-Cost % : 3.54 (As of Jun. 24, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Changzhou Tonghui Electronic Co 5-Year Yield-on-Cost %?

Changzhou Tonghui Electronic Co's yield on cost for the quarter that ended in Mar. 2024 was 3.54.


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

BJSE:833509' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.97   Med: 2.06   Max: 4.57
Current: 3.54


During the past 11 years, Changzhou Tonghui Electronic Co's highest Yield on Cost was 4.57. The lowest was 0.97. And the median was 2.06.


BJSE:833509's 5-Year Yield-on-Cost % is ranked better than
61.02% of 1393 companies
in the Hardware industry
Industry Median: 2.57 vs BJSE:833509: 3.54

Competitive Comparison of Changzhou Tonghui Electronic Co's 5-Year Yield-on-Cost %

For the Scientific & Technical Instruments subindustry, Changzhou Tonghui Electronic 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.


Changzhou Tonghui Electronic Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Changzhou Tonghui Electronic Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Changzhou Tonghui Electronic 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 Changzhou Tonghui Electronic Co is calculated as

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

Changzhou Tonghui Electronic Co  (BJSE:833509) 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.


Changzhou Tonghui Electronic Co 5-Year Yield-on-Cost % Related Terms

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


Changzhou Tonghui Electronic Co (BJSE:833509) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Xinzhu Road,, Xinbei District, Jiangsu Province, Changzhou City, CHN, 213022
Changzhou Tonghui Electronic Co Ltd operates as a manufacturer of electronic test and measurement instruments. Its product categories include Component Parameter Tester, Micro Signal Type Tester, Power Electronic Tester, Electrical Safety Tester and Cable Tester, and Accessories.

Changzhou Tonghui Electronic Co (BJSE:833509) Headlines

No Headlines