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Zhejiang Wufangzhai Industry Co (SHSE:603237) 5-Year Yield-on-Cost % : 1.43 (As of Jun. 05, 2024)


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What is Zhejiang Wufangzhai Industry Co 5-Year Yield-on-Cost %?

Zhejiang Wufangzhai Industry Co's yield on cost for the quarter that ended in Mar. 2024 was 1.43.


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

SHSE:603237' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.21   Med: 1.47   Max: 3.34
Current: 1.43


During the past 6 years, Zhejiang Wufangzhai Industry Co's highest Yield on Cost was 3.34. The lowest was 1.21. And the median was 1.47.


SHSE:603237's 5-Year Yield-on-Cost % is ranked worse than
73.64% of 1100 companies
in the Consumer Packaged Goods industry
Industry Median: 2.69 vs SHSE:603237: 1.43

Competitive Comparison of Zhejiang Wufangzhai Industry Co's 5-Year Yield-on-Cost %

For the Packaged Foods subindustry, Zhejiang Wufangzhai Industry 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.


Zhejiang Wufangzhai Industry Co's 5-Year Yield-on-Cost % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhejiang Wufangzhai Industry Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Zhejiang Wufangzhai Industry Co's 5-Year Yield-on-Cost % falls into.



Zhejiang Wufangzhai Industry 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 Zhejiang Wufangzhai Industry Co is calculated as

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

Zhejiang Wufangzhai Industry Co  (SHSE:603237) 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.


Zhejiang Wufangzhai Industry Co 5-Year Yield-on-Cost % Related Terms

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Zhejiang Wufangzhai Industry Co (SHSE:603237) Business Description

Traded in Other Exchanges
N/A
Address
No. 2946, Zhongshan West Road, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314000
Zhejiang Wufangzhai Industry Co Ltd is engaged in the research and development, production and sales of glutinous rice food.
Executives
Yu Ying Qian senior management
Huang Jin Yang senior management
Ma Jian Zhong Directors, senior managers
Xu Wei senior management
Shen Yan Ping senior management
Chen Chuan Liang Directors, senior managers
Ma Dong Da senior management
Wei Rong Ming Director
Hu Jian Min Supervisors

Zhejiang Wufangzhai Industry Co (SHSE:603237) Headlines

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