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Luoyang Kechuang New Material Co (BJSE:833580) 5-Year Yield-on-Cost % : 2.15 (As of Jun. 22, 2024)


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What is Luoyang Kechuang New Material Co 5-Year Yield-on-Cost %?

Luoyang Kechuang New Material Co's yield on cost for the quarter that ended in Mar. 2024 was 2.15.


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

BJSE:833580' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.28   Med: 2.22   Max: 3.22
Current: 2.15


During the past 11 years, Luoyang Kechuang New Material Co's highest Yield on Cost was 3.22. The lowest was 1.28. And the median was 2.22.


BJSE:833580's 5-Year Yield-on-Cost % is ranked worse than
67.07% of 246 companies
in the Building Materials industry
Industry Median: 3.475 vs BJSE:833580: 2.15

Competitive Comparison of Luoyang Kechuang New Material Co's 5-Year Yield-on-Cost %

For the Building Materials subindustry, Luoyang Kechuang New Material 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.


Luoyang Kechuang New Material Co's 5-Year Yield-on-Cost % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Luoyang Kechuang New Material Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Luoyang Kechuang New Material Co's 5-Year Yield-on-Cost % falls into.



Luoyang Kechuang New Material 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 Luoyang Kechuang New Material Co is calculated as

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

Luoyang Kechuang New Material Co  (BJSE:833580) 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.


Luoyang Kechuang New Material Co 5-Year Yield-on-Cost % Related Terms

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Luoyang Kechuang New Material Co (BJSE:833580) Business Description

Traded in Other Exchanges
N/A
Address
Dongwei 2nd Road, Jingjin Road,, Luoxin Industrial Cluster Area, Cijian Town, Xin'an County, Henan Province, Luoyang City, CHN, 471822
Luoyang Kechuang New Material Co Ltd engages in research and development, production, and sales of refractory materials for steel, nonferrous metals, and other industries. The company produces ladle bottom blowing argon gas permeable components, tundish and electric furnace refractories, castables, thermal insulation and anti-seepage materials, and others.

Luoyang Kechuang New Material Co (BJSE:833580) Headlines

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