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Luheng Technology Group Co (BJSE:870866) 5-Year Yield-on-Cost % : 1.75 (As of May. 15, 2024)


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What is Luheng Technology Group Co 5-Year Yield-on-Cost %?

Luheng Technology Group Co's yield on cost for the quarter that ended in Mar. 2024 was 1.75.


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

BJSE:870866' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.24   Med: 1.72   Max: 1.86
Current: 1.75


During the past 10 years, Luheng Technology Group Co's highest Yield on Cost was 1.86. The lowest was 1.24. And the median was 1.72.


BJSE:870866's 5-Year Yield-on-Cost % is ranked worse than
68.13% of 160 companies
in the Agriculture industry
Industry Median: 3.07 vs BJSE:870866: 1.75

Competitive Comparison of Luheng Technology Group Co's 5-Year Yield-on-Cost %

For the Agricultural Inputs subindustry, Luheng Technology Group 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.


Luheng Technology Group Co's 5-Year Yield-on-Cost % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Luheng Technology Group Co's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Luheng Technology Group 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 Luheng Technology Group Co is calculated as

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

Luheng Technology Group Co  (BJSE:870866) 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.


Luheng Technology Group Co 5-Year Yield-on-Cost % Related Terms

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Luheng Technology Group Co (BJSE:870866) Business Description

Traded in Other Exchanges
N/A
Address
No. 167, Haibin Road, Nansha Street, Room 804, Nansha District, Guangdong Province, Guangzhou City, CHN, 511455
Luheng Technology Group Co Ltd engages in research and development, production, and sales of pesticide products and vegetable seeds.

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