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Hunan Chendian International Development Co (SHSE:600969) 5-Year Yield-on-Cost % : 1.93 (As of Jun. 23, 2024)


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What is Hunan Chendian International Development Co 5-Year Yield-on-Cost %?

Hunan Chendian International Development Co's yield on cost for the quarter that ended in Mar. 2024 was 1.93.


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

SHSE:600969' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.53   Med: 1.13   Max: 2.76
Current: 1.93


During the past 13 years, Hunan Chendian International Development Co's highest Yield on Cost was 2.76. The lowest was 0.53. And the median was 1.13.


SHSE:600969's 5-Year Yield-on-Cost % is ranked worse than
80.14% of 438 companies
in the Utilities - Regulated industry
Industry Median: 4.655 vs SHSE:600969: 1.93

Competitive Comparison of Hunan Chendian International Development Co's 5-Year Yield-on-Cost %

For the Utilities - Diversified subindustry, Hunan Chendian International Development 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.


Hunan Chendian International Development Co's 5-Year Yield-on-Cost % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hunan Chendian International Development Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Hunan Chendian International Development Co's 5-Year Yield-on-Cost % falls into.



Hunan Chendian International Development 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 Hunan Chendian International Development Co is calculated as

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

Hunan Chendian International Development Co  (SHSE:600969) 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.


Hunan Chendian International Development Co 5-Year Yield-on-Cost % Related Terms

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Hunan Chendian International Development Co (SHSE:600969) Business Description

Traded in Other Exchanges
N/A
Address
Wanuo Building, No. 5 Youth Avenue, Hunan Province, Quzhou, CHN, 423000
Hunan Chendian International Development Co Ltd is a China-based company. Its business activities are divided into five divisions including Power supply business that purchases electricity from hydropower, power grid and China Southern Power Grid in the power supply area, and sells electricity to terminal power users through its transmission and power-distribution network, Water supply business mainly produces and sells tap water, Industrial gases provide gas supply services for large and medium-sized steel enterprises., Hydropower development is engaged in investment development and operation management of hydropower stations, and Sewage treatment invests in construction of operating sewage.
Executives
Fan Pei Shun Director
Yuan Zhi Yong Director

Hunan Chendian International Development Co (SHSE:600969) Headlines

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