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Hainan Meilan International Airport Co (HKSE:00357) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 30, 2024)


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What is Hainan Meilan International Airport Co 5-Year Yield-on-Cost %?

Hainan Meilan International Airport Co's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


The historical rank and industry rank for Hainan Meilan International Airport Co's 5-Year Yield-on-Cost % or its related term are showing as below:


During the past 13 years, Hainan Meilan International Airport Co's highest Yield on Cost was 5.97. The lowest was 2.04. And the median was 3.25.


HKSE:00357's 5-Year Yield-on-Cost % is not ranked *
in the Transportation industry.
Industry Median: 3.525
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Hainan Meilan International Airport Co's 5-Year Yield-on-Cost %

For the Airports & Air Services subindustry, Hainan Meilan International Airport 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.


Hainan Meilan International Airport Co's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hainan Meilan International Airport Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Hainan Meilan International Airport Co's 5-Year Yield-on-Cost % falls into.



Hainan Meilan International Airport 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 Hainan Meilan International Airport Co is calculated as

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

Hainan Meilan International Airport Co  (HKSE:00357) 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.


Hainan Meilan International Airport Co 5-Year Yield-on-Cost % Related Terms

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Hainan Meilan International Airport Co (HKSE:00357) Business Description

Traded in Other Exchanges
Address
Office Building of Meilan Airport, Hainan Province, Haikou, CHN, 571126
Hainan Meilan International Airport Co Ltd is engaged in the operation of an airport and an ancillary hotel and the provision of related services in the PRC. The company engages and generates revenues from the operational activities at the Meilan Airport of the Hainan Province in the People's Republic of China (PRC). Under its aeronautical businesses, the firm provides terminal facilities, ground handling services, and passenger services. The non-aeronautical business includes the leasing of commercial and retail spaces at Meilan Airport, franchising of airport-related business, advertising, car parking, cargo handling, and sales of consumable goods.

Hainan Meilan International Airport Co (HKSE:00357) Headlines

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