GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Henan Tianma New Material Co Ltd (BJSE:838971) » Definitions » 5-Year Yield-on-Cost %

Henan Tianma New Material Co (BJSE:838971) 5-Year Yield-on-Cost % : 2.20 (As of May. 27, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Henan Tianma New Material Co 5-Year Yield-on-Cost %?

Henan Tianma New Material Co's yield on cost for the quarter that ended in Mar. 2024 was 2.20.


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

BJSE:838971' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.54   Med: 2.69   Max: 3.64
Current: 2.2


During the past 10 years, Henan Tianma New Material Co's highest Yield on Cost was 3.64. The lowest was 1.54. And the median was 2.69.


BJSE:838971's 5-Year Yield-on-Cost % is ranked worse than
51.76% of 1051 companies
in the Chemicals industry
Industry Median: 2.33 vs BJSE:838971: 2.20

Competitive Comparison of Henan Tianma New Material Co's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Henan Tianma 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.


Henan Tianma New Material Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

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

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



Henan Tianma 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 Henan Tianma New Material Co is calculated as

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

Henan Tianma New Material Co  (BJSE:838971) 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.


Henan Tianma New Material Co 5-Year Yield-on-Cost % Related Terms

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


Henan Tianma New Material Co (BJSE:838971) Business Description

Traded in Other Exchanges
N/A
Address
No. 1109 Science Avenue, Industrial Road Street, Shangjie District, Henan Province, Zhengzhou, CHN, 450041
Henan Tianma New Material Co Ltd is engaged in the production and sales of high-performance fine alumina powder.

Henan Tianma New Material Co (BJSE:838971) Headlines

No Headlines