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Mudanjiang Hengfeng Paper Co (SHSE:600356) 5-Year Yield-on-Cost % : 3.19 (As of May. 25, 2024)


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What is Mudanjiang Hengfeng Paper Co 5-Year Yield-on-Cost %?

Mudanjiang Hengfeng Paper Co's yield on cost for the quarter that ended in Mar. 2024 was 3.19.


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

SHSE:600356' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.81   Med: 1.93   Max: 3.57
Current: 3.19


During the past 13 years, Mudanjiang Hengfeng Paper Co's highest Yield on Cost was 3.57. The lowest was 0.81. And the median was 1.93.


SHSE:600356's 5-Year Yield-on-Cost % is ranked better than
57.31% of 171 companies
in the Forest Products industry
Industry Median: 2.42 vs SHSE:600356: 3.19

Competitive Comparison of Mudanjiang Hengfeng Paper Co's 5-Year Yield-on-Cost %

For the Paper & Paper Products subindustry, Mudanjiang Hengfeng Paper 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.


Mudanjiang Hengfeng Paper Co's 5-Year Yield-on-Cost % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mudanjiang Hengfeng Paper Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Mudanjiang Hengfeng Paper Co's 5-Year Yield-on-Cost % falls into.



Mudanjiang Hengfeng Paper 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 Mudanjiang Hengfeng Paper Co is calculated as

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

Mudanjiang Hengfeng Paper Co  (SHSE:600356) 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.


Mudanjiang Hengfeng Paper Co 5-Year Yield-on-Cost % Related Terms

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Mudanjiang Hengfeng Paper Co (SHSE:600356) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Hengfeng Road, Yangming District, Heilongjiang Province, Mudanjiang, CHN, 157013
Mudanjiang Hengfeng Paper Co Ltd manufactures cigarette-related papers in China. Its main products include cigarette paper, plug wrap paper, aluminum foil backing paper, tipping base paper and over a hundred types of industrial specialty paper.
Executives
Xu Xiang Director

Mudanjiang Hengfeng Paper Co (SHSE:600356) Headlines

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