GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Erayak Power Solution Group Inc (NAS:RAYA) » Definitions » 5-Year Yield-on-Cost %

RAYA (Erayak Power Solution Group) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 17, 2025)


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

What is Erayak Power Solution Group 5-Year Yield-on-Cost %?

Erayak Power Solution Group's yield on cost for the quarter that ended in Jun. 2024 was 0.00.


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



RAYA's 5-Year Yield-on-Cost % is not ranked *
in the Industrial Products industry.
Industry Median: 2.225
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Erayak Power Solution Group's 5-Year Yield-on-Cost %

For the Electrical Equipment & Parts subindustry, Erayak Power Solution Group'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.


Erayak Power Solution Group's 5-Year Yield-on-Cost % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Erayak Power Solution Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Erayak Power Solution Group's 5-Year Yield-on-Cost % falls into.


;
;

Erayak Power Solution Group 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 Erayak Power Solution Group is calculated as

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

Erayak Power Solution Group  (NAS:RAYA) 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.


Erayak Power Solution Group 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Erayak Power Solution Group's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Erayak Power Solution Group Business Description

Traded in Other Exchanges
N/A
Address
No. 528, 4th Avenue, Binhai Industrial Park, Zhejiang Province, Wenzhou, CHN, 325025
Erayak Power Solution Group Inc engages in manufacturing, research and development, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery, and smart chargers, and custom-designed products. It derives the majority revenue from three products namely inverters, chargers, and gasoline generators. The company geographically operates in China, Australia, Poland, U.K., and Germany. It derives maximum revenue from China.

Erayak Power Solution Group Headlines