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MGM China Holdings (MGM China Holdings) 5-Year Yield-on-Cost % : 2.70 (As of Jun. 23, 2024)


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What is MGM China Holdings 5-Year Yield-on-Cost %?

MGM China Holdings's yield on cost for the quarter that ended in Dec. 2023 was 2.70.


The historical rank and industry rank for MGM China Holdings's 5-Year Yield-on-Cost % or its related term are showing as below:

MCHVY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.59   Med: 1.3   Max: 5.67
Current: 2.7


During the past 13 years, MGM China Holdings's highest Yield on Cost was 5.67. The lowest was 0.59. And the median was 1.30.


MCHVY's 5-Year Yield-on-Cost % is ranked worse than
57.06% of 354 companies
in the Travel & Leisure industry
Industry Median: 2.455 vs MCHVY: 2.70

Competitive Comparison of MGM China Holdings's 5-Year Yield-on-Cost %

For the Resorts & Casinos subindustry, MGM China Holdings'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.


MGM China Holdings's 5-Year Yield-on-Cost % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM China Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where MGM China Holdings's 5-Year Yield-on-Cost % falls into.



MGM China Holdings 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 MGM China Holdings is calculated as

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

MGM China Holdings  (OTCPK:MCHVY) 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.


MGM China Holdings 5-Year Yield-on-Cost % Related Terms

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MGM China Holdings (MGM China Holdings) Business Description

Traded in Other Exchanges
Address
Avenida Dr. Sun Yat Sen, Edificio MGM MACAU NAPE, Macao, MAC
MGM China is one of six casino license holders in Macao and operates two integrated resorts: the MGM Macau casino in the Macao Peninsula and MGM Cotai. The company is allowed to operate 750 gaming tables during its new 10-year concession period of 2023-32.

MGM China Holdings (MGM China Holdings) Headlines

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