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Jiangsu Hengxing New Material Technology Co (SHSE:603276) 5-Year Yield-on-Cost % : 0.00 (As of May. 26, 2024)


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What is Jiangsu Hengxing New Material Technology Co 5-Year Yield-on-Cost %?

Jiangsu Hengxing New Material Technology Co's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


The historical rank and industry rank for Jiangsu Hengxing New Material Technology Co's 5-Year Yield-on-Cost % or its related term are showing as below:



SHSE:603276's 5-Year Yield-on-Cost % is not ranked *
in the Chemicals industry.
Industry Median: 2.33
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Jiangsu Hengxing New Material Technology Co's 5-Year Yield-on-Cost %

For the Chemicals subindustry, Jiangsu Hengxing New Material Technology 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.


Jiangsu Hengxing New Material Technology Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Hengxing New Material Technology Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Jiangsu Hengxing New Material Technology Co's 5-Year Yield-on-Cost % falls into.



Jiangsu Hengxing New Material Technology 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 Jiangsu Hengxing New Material Technology Co is calculated as

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

Jiangsu Hengxing New Material Technology Co  (SHSE:603276) 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.


Jiangsu Hengxing New Material Technology Co 5-Year Yield-on-Cost % Related Terms

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Jiangsu Hengxing New Material Technology Co (SHSE:603276) Business Description

Traded in Other Exchanges
N/A
Address
Yongning Branch Road, Yixing Economic Development Zone, Jiangsu, Yingxing, CHN, 214200
Jiangsu Hengxing New Material Technology Co Ltd is engaged in research & development, production and sales of ketone, ester and acid fine chemical products.

Jiangsu Hengxing New Material Technology Co (SHSE:603276) Headlines

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